A photocell will operate a lighting contactor. If I install a switch to bypass the photocell and energize the contactors coil, the bypass switchleg will also (back)feed into (red) photocell output leg. Is this a concern?
Not if its on the same phase. I've wired motion detector lights like this in the past. When the light switch is on, obviously the lights are on. When the switch is off, the motion feature controls the light. I think what you are describing is the same thing.