Instead of Black Templars, which are among the least tolerant of a faction not known for tolerence, how about Relictors? The Relictors use chaos artifacts (Like the Grey Knights), are curious about chaos, and all about using the power of chaos against itself. If any marines would be willing to ally with former renegades it would be them.
From a modeling standpoint, it would be cool to involve a high amount of bionics where mutations where cut away and replaced with steel. It'd also be fun to paint up the whole army in original colors of the legions they're from. The Death Guard and Thousand Sons are far too gone physicaly to turn back, but that still leaves 7 other legions.
Edit: Here's the Relictors. They mesh perfectly with your idea.
http://wh40k.lexicanum.com/wiki/Relictors