Note the tradeoff doesn't make sense as soon as you're operating at a meaningful scale. A small likelihood of failure at small scale translates to "I expect a failure a million years from now", whereas at large scale it's more like "a month from now". Accepting the same percent risk of data loss in the former case might be OK, but in the latter case is irresponsible. Provided whatever you're storing is not transient data.
You are correct. I wrote the original comment as "single server" so I assume it does not mean a meaningful scale and can be more effectively dealt with a support ticket. Not everything needs to be growth trajectory SaaS.
Note the tradeoff doesn't make sense as soon as you're operating at a meaningful scale. A small likelihood of failure at small scale translates to "I expect a failure a million years from now", whereas at large scale it's more like "a month from now". Accepting the same percent risk of data loss in the former case might be OK, but in the latter case is irresponsible. Provided whatever you're storing is not transient data.