Learning from the master–TOC-- I gut my fish completely when converting to Batt/RC.
TOC saves the “firebox flicker” if his customer wants.
I don’t.
I solder new and bigger wires directly to the motors, install the choke (if needed), and re-wire the headlamps.
Funny, I’m always ending up with 2 pairs of wires to start with my project instead of dozens.

Sure, I could save flicker and smoke, but I don’t care if I use that “kid’s stuff”. 
On the RS-3, she’s a little narrow for a standard battery brick, but you can have two 7.2 strips (or bricks) made up of sub C’s, or whatever it takes to make the pack fit in the engine where-ever you like.
I would prolly put a 7.2 at each end and hook them up for 14.4 and go for it. TOC can direct you.
Andre,
I’ll have to wait awhile on the distributing of the guts. Ol’ TOC dibbed them first, but I dunno whether he wants just the Backman or everything.
I have 3 more LGB MTS to gut yet.
j