is it possible to make them work together?

http://oblivion.nexusmods.com/downloads/file.php?id=14761

last comment on the nexus page says it is, but I have no idea how honestly.

Possible only if you mod it.

They are not compatible and you will get problems trying to run them together - least of all misplaced light sources, missing meshes, etc.

This has been requested many many times before.