I can see the logic behind that set-up, but there are easier ways to accomplish what you are trying to do than using an extra pump and several different tanks.
First off, the booster pump should still be able to pump while the big tank is filling. Someone built in an extra safety to the system in case the big tank did not fill so the booster would not burn up.
The problem with this type of set-up is that WHEN your submersible well pump goes out, and it will, you will not know it until the storage tank goes empty and you lose your supply to the booster pump. If you're filling the big tank 2-3 times a day, unless you check your well everyday 2-3 times a day then you're not gonna know there is a problem until the big tank is empty.
What you need instead is to install a 2nd float switch on the big tank that will kick the pump out when the level is low. I'm not sure exactly how you could interface this with your existing equipment or if you would need another relay. I don't normally deal with this type of set-up so there are a lot of unknowns.
IMO, you would be better served going with a constant pressure valve set-up and eliminating the extra holding tank and pump. You're not saving your pump by "letting it rest". You're pumping the same exact amount of water, but you're pumping it twice.
Let me illustrate my point-
You can reduce your cycling by : having a big storage tank (1,000 gallons), float for tank, 2nd pump with interface/hardware, extra tanks, plumbing, switches and electrical interlocks.
Or you can install a constant pressure valve with one tank, large or small. One pump, one tank, one pressure switch. Most CPV's (constant pressure valves) only need 1-2 gallons per minute flow to keep the system from shutting off. They work by throttling the pump back during low to medium usage so that the pump will not shut off. When you quit using water the system will pump up and shut off. When you have a large demand they open up and allow more flow thru to the system.
Good luck and post up what you find out.
BTW I am a Licensed WW and Pump installer in Tx.
yes it could...and the reason for the storage tank is twofold: 1) Let the down well pump rest while the booster feeds the system from storage, and 2) to have emergency water in case of power outage. Mainly-the system was desinged to reduce start-ups on the submersible pump-which will lengthen its lifespan. The storage tank allows the pressure tanks to cycle 10 times before the sub pump comes on. That is a big difference.
make sense??