I'm not talking about drive failures, I'm talking about unrecoverable storage media in the event of a failure. I welcome you to dive into the technical aspects rather than just saying I'm wrong (if you still disagree with me).
I dont know whether I agree with you or not because I don't know what you mean by "unrecoverable storage media in the event of a failure"? Can data be recovered from failed hard drives? Certainly, at tremendous cost. And that is one of the reasons that hard drives are not considered suitable for archival storage. Not to mention the cost of the "media" (the entire drive with all the mechanical and electronic assemblies, etc, etc.) It just doesn't make sense on ANY level. Which is why nobody does it. It has little to do with "the technical aspects", and mostly to do with the "economic aspects" that result from the "technical aspects".
I read the "unrecoverable storage media in the event of a failure" as meaning "unable to read from the backup when the primary storage unit fails".
This reminds me of a practice followed at my first employ to address the issue: "Is your backup readable?"
After you write a backup, how many of you actually check to see that it is readable? How many of you have taken a flash drive that says it's 32GB and just used it - trusting that it IS capable of holding 32GB. The last time I purchased a couple of 32GB micro SD cards, I ran them through a write/verify utility that showed them to actually have only 8GB of memory. It was simply an 8GB chip reprogrammed to declare 32GB. You could write 32GB to it and it would all look rosy - until you tried to read it back.
Then there's the case of magnetic media. As I understand it, magnetic domains are subject to weakening by thermal processes as well as changing magnetic fields. which - in our daily environment - means they will reach a point where data integrity will be lost. Admittedly, we could be talking years or maybe even decades, but the risk is there. The solution is simple - just copy the data and the magnetic domains will be as good as new.
And if you want to really test out you 'backups' - try this exercise ....
1. Get yourself a computer system ready to use - but with completely blank drives. That is, hardware only.
2. Consider the location your system is normally run from as having been totally destroyed by, say, fire. (So you can't grab that 'cheat sheet' pinned to your wall.)
3. Get all your 'backups' and 'restore' to this system.
Can you do it?
Do you have all the software? O/S? Licences? Do you need/have the installation discs? Product keys? Updates? If you need to partition drives in a particular way, do you have the means to do it?
For bonus points, send the person who knows all the ins and outs away for a couple of days (without a mobile phone) while you do this. In real life, they may have been hospitalised as a result of the 'fire'.
How would you go?