Obviously this would be a no-brainer if the tanks were next to each other.
I don't see how it would be possible to use 1 reactor for 2 systems without the systems being hooked together either sharing common sumps plumbing the sump together etc. somehow. You would have to feed the reactor from one tank and how would you compensate for the water loss in one and water gain in the other plus tanks will consume CA at different levels.
I have heard of people sharing the same CO2 and regualator and splitting off to serperate needle valves that go to seperate reactors. Really though that doesn't save you too much money. At least IMO not worth the trouble.
My other concern is this a Knop C or the larger model ? I had the Knop C years ago and honestly not impressed. Since it was my first reactor, I didn't have much to compare to. The gallon size is way over estimated as even on my old 90g had trouble keeping CA/Alk elevated enough for a heavily SPS stocked tank........
If you haven't done so already check into the regulator from
www.customaquatics.com comes with dual guages/needle valve/solenoid and even bubble counter for $89. Several people in our club have them and can't beat the price for all the features.