I hope this helps some...
NFPA 211 7.1.11.1
Masonry chimneys serving appliances shall be sized and configured in accordance to the manufactures instructions,12.4.4, or approved methods.
12.4.4
For residential-type natural draft solid fuel-burning appliances,the flue should
meet the following conditions...
1.The cross sectional area of the flue shall not be less than the cross sectional area of the appliance flue collar,unless specified by the manufacturer.
2.The cross sectional area of the flue of a chimney with no walls exposed to the outside below the roof line shall not be more than 3 times the cross sectional area of the appliance flue collar.
3.The cross sectional area of the flue of a chimney with one or more walls exposed to the outside below the roofline shall not be more than two times the cross sectional area of the appliance flue collar.
I also know 2 or more furnaces may not be attached to the same flue unless they are connected by a single manifold.
Wood/gas or wood/oil can be vented in the same flue as long as the units are tested and listed to operate as such.Also the wood/gas must have a fume switch to recognise blockage or fuel spillage and it must be able to shut the unit down in this event.
In my opinion a well designed furnace and flue(safe) is worth the investment.
Cutting corners will only cost you in the end.