What you are suggesting is pretty much a step sideways. To answer the question, it does work. You would be indeed biamping. You do not need an external crossover to biamp, but it usually sounds better. If you didn't have to split the signal at the amp end, you would probably be gaining something, but I would guess you will have signal loss when you split, and so that will take away from anything the biamping would have acheived. Of course, this is only my opinion, and I don't have your setup, so I can't say for sure. The best way to decide if it is worth it or not is to use your ears. Experiement and see which way sounds best to you.
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