Really curious about why someone would want a double valve on a single tank.
It is all a risk calculation. Although hard statics are almost nil, it is fairly well accepted that the most likely gas supply failure is a leaking second stage. On a no-decompression no-overhead dive you can just surface and fix it. When you cant just surface you must weigh the probability of failure against your willingness to invest in and carry more gear.
A Y-valve with double dip tubes provides full redundancy of the first and second stage regulators and some protection from the dip tube getting blocked, but does nothing to protect against a blown cylinder-to valve O-ring, blowing a burst disk, or an empty cylinder due to a leak or diver error.
The next step in redundancy is a pony bottle or independent doubles of sufficient size that you can safely surface from a soft or hard-overhead dive. Some feel that manifolded doubles with an isolation valve is the ultimate in redundancy, but that does not provide the gas redundancy of a pony or independent doubles unless you dive with the isolation valve normally shut.
You could carry the analysis to extremes by putting an octopus second stage on both first stage regulators. But then you have to balance the probability of needing to share air at the same time as a failure that required shutting down one of your two regulators with the fact that the second stage is the leading regulator failure. You could also add a pony bottle to your isolation manifolded doubles. At that point, do you require your buddy to gear-up the same?
There comes a point where the backup systems become so complex and physically burdensome that they conspire to make you less safe or so much work it isnt worth doing. Each individual must make their own compromise based on abilities, finances, dive profile, and risk they are willing to accept.