With picosecond level timing resolution and multiple Large Area Picosecond Photodetectors (LAPPDs) in a time-of-flight configuration, pions and kaons may be separated up to 10-20 GeV. A precision time-of-flight system would be a valuable resource to the users of the Fermilab Test Beam Facility (FTBF), particularly for those testing components of collider detectors whose response varies based on particle species. In this talk, I will describe an LAPPD based time-of-flight setup currently in progress at the FTBF. This system is both a first characterization of LAPPDs measuring charged particles and a prototype precision particle identification system.