Hi Dougweiser,
I am sure there are posts and maybe even a Sticky addressing this issue, but a few things to consider. Accidental deletion of data, corruption of a file will immediately be corrupted on both drives, a virus, a power surge could wipe out NAS and both drives at the same time, search Raid 1 failure to rebuild. There are probably a few more reasons. Some folks with limited storage use their drives as separate volumes and use a local backup of Vol.1 to Vol.2. Still some risk but a little safer in some ways. It really depends on how much concern you have about loosing your data. The more important it is to you the less risk you want to take. I personally backup one NAS to another NAS on a different circuit with a different UPS. Many businesses have multiple backups including at least one at a remote location. Hope this answers your question. Good luck