Can church be satellited?

A question for you and I hope a brisk, informed conversation. But first a brief explanation. I have been hearing of late, from a variety of quarters, that more and more churches are starting “satellite campuses” and, in effect, “satelliting” their church to another location. Thus, a big, local church DVDs its service on Saturday night and then that service is played the next morning in a variety of other local settings. What do you think of this practice? What are its effects — on other local churches? on spiritual formation? Does anyone have local experience with another church doing this in your area?