What about instead of a bass cabinet use a PA cabinet on a pole or a bass cabinet elevated to shoulder height or higher?
I play in a 5 piece bluegrass band and for the last two shows, I ran my pickup through my preamp and also wedged an SM57 between the bridge feet and sent both to FOH. I took a wedge monitor and put it on a stand at shoulder/ear level behind me and had my bass amp on a kickback stand fed with just my pickup also behind me, pointed at my head. I requested as much mic in the blend as possible and we played for 3 hours with no feedback issues and the soundguy thought it sounded great. I'm looking forward to using the ATM35 for the next gig to see how it performs. I have a weekly jazz trio gig starting in a month and I think with the aid of the line transformer, I will be able to run completely off the ATM35 through my bass amp since we don't use monitors. I'm learning the trick to using a mic live is - location, location, location.
I have played with the idea of using a QSC K2 powered monitor and using it to replace my cab/head setup but from what I have read, most people prefer a dedicated bass cab.