Kristian,
Mine had 993 rears with the normal 964 fronts when I bought it, the previous owner had not got round to installing the front calipers even though he'd bought the adapter brackets. So in a word yes it works. Not sure exactly how the brake balance would be though. I think I only did one track day before I put the 993 fronts on, but I don't remember any dramas. Give it a try. If the balance feels unsafe you could always run a less aggressive rear pad eg OE. Interestingly the 993 rear pad is the same size as the standard 964 front, so if you kept your OE front pads when you upgraded to Pagids you could just drop those straight in !
The 964 front calipers are reasonably saleable as they can be used as an upgrade for the 3.2 Carrera (but takes some machining) - I got £150 for mine, so you can offset some of the cost of the upgrade. Sadly the two pot rear calipers are a bit friendless, I don't know of any upgrade which uses them ! Look at it this way when you go up to 993 rears you have a far greater choice of brake pad at lower price, so you end up saving money in the long run !
Jamie