A lot of high quality PSUs use dual rails.
Such as my OCZ 600watt Powerstream with 20A/18A.
Yes, there are cheaper to make but there is nothing wrong with them.
Antecs, Seasonics, OCZ, Enermax, ect all have dual rail PSUs.
Dual rails are getting beefier and beefier.
Two 19A rails on the 550watt TPII is killer.
I remember a while back someone dissed the 850 watt PCP&C because it only had 17A on each of its four rails....
Lets get serious, I ran my A64, 6800GT, 3 hard drives, 2 opticals, floppy, on my old TT 420 with 18A on the 12V for months and never experianced instability, i'm sure as hell positive two 18A rails can do a hell of alot better.