Family Sharing when having different accounts for purchasing and iCloud

I have two Apple ID accounts. One that I use for making iTunes purchases (which I had way before @me.com or @icloud.com existed) and the new @icloud.com account that I use for everything iCloud related (Messages, backups, etc).
Now that Family Sharing exists, I want to bring my kids and my wife into the plan, but from what I've seen, I wouldn't be able to use my icloud.com address since all my purchases are on the other Apple ID. The problem is that either I would need to stop using my icloud.com ID or purchase everything again?
I know one of the most requested features has been to be able to merge accounts and I know I am not the only one in this situation. Is there a way in iOS 8 Family Sharing to do just that? I wouldn't mind removing my old Apple ID account as long as I can transfer all my purchases to the new icloud.com ID.
Otherwise, I guess Family Sharing is out for me (and for everyone who is on the same boat of having 2 different Apple IDs).

Ok teach me to believe stuff I read on the Internet!! But I did get it to work.
So how in effect it is not working much differently to the old way under ios7 that worried me when iTunes Match was going to use "icloud" and not my existing Apple ID. But as we all found out we could use our @me.com or @icloud.com address for all they syncing stuff and then further down there was an option for your iTunes store account where most of us used our old iTunes Store account.
So after reading this thread and many similar articles on new family sharing I thought we may have the same issue, but it seems we are ok.
How I did it:
1) Set up Family Sharing,
2) when asked for AppleID enter my @me.com address and password
3) click next, it asks what AppleID to use for Store purchases for the family, here I entered my old store id which is so old is actually just a username.
4) confirm payment card
This seems to have worked, my purchases through AppStore are still made through my old id and all family purchases will be made through that id too.
But as far as my family are concerned @me.com addy is the organiser.
I have yet to set up family members but I trust Apple that it will work they haven't let me down yet (apart from the mucking around with Photostream that they seem to have done).
Also you can check in your settings whether it is set up correctly, go to Family Sharing via icloud settings, click on your name as organiser, it should show what AppleID your family purchases are made through, mine shows my normal AppStore ID, when I get home I'll upload some screenshots (once edited out my details!)  

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