This is true, but you (or your son) left out some important points. A system with redundant power supplies needs a motherboard with multiple power connectors. If these are not there, then the redundancy is obviously gone

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Next, if you want to hot swap, your rig will need a backplane which the PSs will plug into. This backplane will allow the user to cut off any current between the PS and mobo when removing a PS from the computer.
In my opinion, redundant anything is pretty much unneeded for any home rig. Unless your system absolutely needs to be up 24/7/365, you dont need to waste the money. And if your system does need to be up all the time, you should buy a REAL server.

I use these redundant solutions (PSs, HDDs, etc) all the time on my servers at work, and they are very nice to work with. But the cost can get pretty bad.