Hi Fari:
It appears that what you're trying to do can be accomplished by implementing transparent (layer 2) firewalling which will be supported on PIX 7.0.
As planned, PIX 7.0 will be available at the end of this month.
Up until 6.3.4, you will have to assign 2 seperate subnet addresses to 2 interfaces of the PIX, configure NAT control and appropriate filtering rules to control traffic going through the PIX.
Hope that helps.
Best regards,
Binh