Retro -- In your application with the ST-70 -- how are the diodes doing anything more than the control grids are already doing in the first place? The control grids inherently clamp R/C coupled positive (above ground) signals, which is what causes the blocking distortion in the first place: Since the coupling cap cannot drive the grid positive, the cap then charges on (attempted) positive going (above ground) peaks, which generates the basic problem. Are not the diodes shown only reinforcing what the control grids are already inherently doing?
No, the diodes do two things: prevent the grids from being driven positive AND prevent the coupling capacitor from charging to a DC value which both creates a positive bias and asymmetrically alters the waveforms on the positive excursion.
Explanation for others about positive grid issues.
When the grid is driven positive it makes the grid highly attractive to the nearby cathode electrons than the more-distant plate. (On the scale of the tube microstructure, of course.) This attractiveness causes current to preferentially flow through the grid back to the coupling capacitor and to the previous stage's plate and through the grid leak resistor to ground. This current flow, like all current flow in non-superconducting wires, causes heating. That heating alters the grid characteristics, causing damage. This is why red-plating a tube can melt bits of the grid.
Beyond the heating, the positive grid also attracts ions, typically residual gas which emerged from the metal structures, mica, and cathode coating, either because of natural diffusion or being baked out of oxides. That makes the grid even more attractive. Most tubes are not designed for positive grids (see my above comments about transmitting tubes and heat sinks), and the tube's characteristics become non-linear.
So a positive grid and current both alter the grid's behavior and cause distortion. This is why one of the rules of HiFi is: Thou shalt not drive thine grids positive, lest the Tube Gods destroy thine clean output signal and visit upon thee the plague of distortion and also potentially destroy thine tubes before their normally appointed hours, for the Tube Gods are mighty and fickle, and may do that to spite thee for not honoring the Holy Dictates of the Datasheet, hallowed be its name, and, by the way, thou shalt also honor the Holy Dictates of Screen Dissipation, also in the Datasheet, just in case thou felt like blaspheming there as well, thou hast been warned.
So that's a different issue than the coupling capacitor charging.
When the coupling capacitor charges it temporarily maintains the grid at a constant DC level until that charge dissipates. That prevents the AC signal from the previous stage from controlling the plate. Instead we have the plate at a fixed DC voltage until that capacitor discharges. The only way that can happen is back to the previous stage during the AC reversal (it is at the plate voltage so this is unlikely) and through the grid leak resistor (primary means). That's why the blocking distortion has a bias excursion time controlled by the RC constant. Bigger capacitors extend longer, bigger resistors slow the discharge rate.
So we have both (a) positive grid and (b) DC bias with an RC decay time.
While a larger coupling capacitor better passes lower frequencies and compresses them less, when the coupling capacitor is too large (this depends on both the capacitor and the grid leak resistor) the bass response suffers, becoming flabby and muddy. A smaller capacitor better passes the highs at the expense of bass, which is less compressed but is attenuated. So that's why the first response to increase capacitance (from, say, 0.22 µF to 0.47 µF) can cause significant bass issues if the grid leak resistor is not accordingly adjusted. This is the reason why we don't see 100 µF capacitors being used for interstage coupling, and why it is common to see 0.1 µF and rare to see anything larger than 0.22 µF or 0.47 µF. Hence the values I chose for simulation.
That make sense? (Question for both Dave and anyone who hasn't studied this issue nearly as much.)