I'm not saying everybody should do this. There are of-course a lot of services that can't afford even a minute of downtime. But there is also a lot of companies that would benefit from a simpler setup.
In all those years, I’ve had precisely one actual hardware failure: a PSU went out. They’re redundant, so nothing happened, and I replaced it.
Servers are remarkably resilient.
EDIT: 100% uptime modulo power failure. I have a rack UPS, and a generator, but once I discovered the hard way that the UPS batteries couldn’t hold a charge long enough to keep the rack up while I brought the generator online.
We had a rack in data center, and we wanted to put local UPS on critical machines in the rack.
But the data center went on and on about their awesome power grid (shared with a fire station, so no administrative power loss), on site generators, etc., and wouldn't let us.
Sure enough, one day the entire rack went dark.
It was the power strip on the data centers rack that failed. All the backups grids in the world can't get through a dead power strip.
(FYI, family member lost their home due to a power strip, so, again, anecdotally, if you have any older power strips (5-7+ years) sitting under your desk at home, you may want to consider swapping it out for a new one.)
Re: power strips, thanks for the reminder. I’m usually diligent about that, but forgot about one my wife uses. Replacement coming today.