In theory this could be made to work, what frequency are you backfeeding at - i.e.what channel do you tune your TV to to get the backfeed? If it's a VHF-lo channel, like channel 3, I think this is below the Ka-lo band which the new satellites DirecTV 10 and 11 will use when they start transmitting in 2007. The only problem is you can't use a diplexer because it will not pass the Ka-lo signals to the sat receiver. You would need a special type of diplexer, a signal inserter that just passed VHF-lo on one leg and broadband 250Mhz and above on the other leg (and also passed power on that leg). Not sure whether such a device exists. I think it would be like a "jointenna" for channel 3 but with broadband on the other leg, and power-passing.
You need someone with expert knowledge on this...maybe someone here can comment...