Mounthorn,
There are still some answered questions though.
1) What actual flow is there over the space of 24 hours? i.e. flow rate vs time of day chart
2) How often and for how long does pump 1 just stop?
3) Do both pump just start and stop within +/- 1psi of their set point? - So no start pressure / shutoff pressure difference? That's very strange.
I can't work out how the second pump works if that's the case as as soon as it starts the output flow from pump 1 will halve and the pressure rises by 5-7 psi instantly and then the second pump stops as soon as it starts? Doesn't make sense, but if it is doing that your second pump and motor are not going to last long....
4) My guess from the data so far is that your pump is the -10 series on the curve above - can you confirm?
5) You do realise wrt the bladder that those tanks work on the bladder being filled with water and the air is the cushion on the outside? The instructions says to pump up the tank to about 2-3psi below the pump start set point - i.e. about 62 psi. Is that what you have done? If not then what you have done is inflate the bladder well beyond it's design size as the initial pre charge from the factory is only 12 psi. Did anyone actually read the installation manual?
Here for anyone interested in how these tanks work
note item 2 under operating / maintenance instructions.
I don't think the idea of filling the tank with air is a good one here as there is a risk of the air getting into the supply line and then creating all sorts of issues, Especially if you don't have a level guage. The water volume will then be used to supplement the first pump flow for a while, but if the pump stops at 65 psi then it won't be able to pump much water into it.... In either case, the amount of water stored will depend on tank size ( you haven't told us), but will probably be only 10-15% of the tank volume.
But in answer to your first question, yes it could work, but I think the flow would need to be quite high through the orifice plate to get the pressure below the cut off point for the pump assuming that at times you have no or very little flow and your pump is the -10 or even the -9 version. So maybe 40-50% of your max flow is going no where, but you're paying for it. Also your motor and pump are then running continuously so wearing out faster and your second pump will probably start operating a lot more as a lot of pump 1s flow is going straight back to the tank.
If you're serious about doing this long term, then look into ARV (Automatic recirculation valves) which vary the return flow depending on outlet flow and shut off automatically. But if there is low or no flow for long periods you are basically just throwing energy (money) away.
Remember - More details = better answers
Also: If you get a response it's polite to respond to it.