Keychron has what you’re looking for, and it’s wireless. I have 2 of their keyboards and they’re pretty good and an excellent value.
As for a Model M with a backlight, yea I don’t think that would work with the buckling spring… there’s just nowhere to put the light. My daily driver is currently a Unicomp New Model M and I just don’t think the shape of the board would make it easy to do this without sacrificing all that makes it what it is.
LEDs are soldered to the circuit board. The switches then have a transparent channel that the LED shines through.