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Andy is correct. Also, I do not know of any law forbidding the transmission of NTSC analog via cable TV. The DTV law applies to over the air broadcasting(and only to high power stations). I am sure that local stations can provide their analog signals to the cable companies via cable, not via broadcast. Since they are not broadcast, the cost will be very low.
At one time, I worked on an ADSL system where analog phone signals and high speed digital data signals were sent via the same pots(plain old telephone service) lines using different frequencys. Although complex, it worked fine.
In fact I get my analog TV, high speed internet, and telephone signal via one cable at present-no problems.
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