No. The copy" is not a very good backup. The typical scenario is that you have a good backup. Then a file is corrupted. Ten you usde you "corbon copy" and the only good copy of the file is over written.
A "carbon copy's" only advantage is that the concept is easy to understand. Other than that, it has no advantage over something like Time Machine.
And, yes tow devices do fail at the same time. The #1 reason for data los is not a failed drive but user-error. Without a versions system the damaged file will overwrite you good backup. After user error come theft of the equipment. If it is all in one place, it is all going away at once. Then you have the case of lightening hitting a utility pole and frying everything that is plugged into power, then fire and floods.