A 2 way 8 ohm speaker will have an 8 ohm woofer, and an 8 ohm tweeter in it, the crossovers mean that at any frequancy the impedances will total to 8 ohms (in theory)
If the OP creates the frankenspeaker he mentioned, it will have the woofer presenting a 4 ohm load to each side of the amp, and it will get 4 times the power it would off a single amplifier, whereas you only need it to have double the power since its replacing 2 speakers. The crossovers will need to be modified to allow twice the power to the tweeters attached for it to even match in level with the original design, and then you have the problem that the crossover point on the speakers is 3kHz - far too high for a sub/satellite speaker system as a majority of the vocals will only be coming from the single woofer.