Honnestly gating the noisy recorded signal with plugins is the safest way to go I think.
1. You'll be sure you don't crew your take by misadjusting the hardware gate during recording, plugins allows to work non-destructively, while hardware add noise and are permanent if used during tracking.
2. If you have nothing else, use the sonitus gate included with sonar, great user interface and work awesome
If you absolutely want to use it while tracking, I would avoid using a mic plugged in the gate and then to the VS mic pres. The vs pres will applify the noise from the mic and from the gate circuit. Gates are designed to be quiet when used with line level (if you connect a guitar pre in it and then to the vs pre would be alright) but if the vs pres amplify the device's internal white noise by let's say 40db, the noise gate may loose its purpose wich is to remove noise...
The method Jeff described for external insert is spot on. Used it on some occasions and it work very nicely. The only thing is you have to record the result in real time (no fast bounce) so it's more time consuming.