bs2000-
I think you may be confusing a diplexor with a multiswitch. The multiswitch takes inputs from the dish and allows them to be distributed to several TVs.
A diplexor accepts a satellite signal AND an antenna (or cable TV) signal, and feeds it into a single coax cable. At the other end, it gets split out again so you only need to run 1 line for 2 types of signals.
However, be careful if you use a diplexor because you may lose OTA signal strength. I had this setup and was seeing this. Once I dedicated the OTA line to a direct run to the receiver, I increased signal strength about 10-20% and it remains very strong.