Michael there should be no problem using a Lipo with brushed equipment, as would using any form of DC power source. Esc's cannot tell that it's got lipos connected to it rather than nmih's it only knows that something is supplying a voltage to it.
As the others have said just make sure you've got some sort of voltage protector connected up just so that you don't take it to low.
Stampede please don't be afraid of using the full stop or comma keys now and again, your post is very hard to read.
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