clarry: I worry how large a local stash with all my gog games (all versions + languages + extras) would be.
Do you mean also e.g. Mac (and Linux) versions of the games, and the various language versions like Italian, Spanish, Russian etc.? Is there some specific reason you'd want to keep all versions and languages? I'm just interested in keeping the English Windows versions at the moment. I might also download English Linux versions for any games that have them, but at the moment I don't consider it that important.
clarry: And then I would worry about having a backup of that precious vulnerable stash. And a backup of the backup. Then I'd think about the time and care involved in making it happen and keeping it secure.
As long as GOG servers are healthy and up, i'd think having only one set of local copies is enough. The GOG servers are still there for downloading anything that had gone missing for some reason. Of course if you are afraid that hard drive goes completely kaputt in an instant, yeah then you'd have to redownload it all all over again.
But at least HDDs usually tend to start giving signs if they are becoming to the end of their life (with SSDs it might be different), and I tend to move my backed up files to newer hard drives anyway whenever I buy some new bigger hard drive(s) as they've become much more cheaper, longer before the old hard drive(s) would die. It is not like I keep e.g. my personal files from 15 years ago still on some 15 year old hard drive (or floppy disk or whatever), they have naturally been copied to newer media over and over again over years. That's the beauty of (DRM-free) digital files, easily moving them to other media.
My GOG game installers and extras are currently about 2 terabytes (1315 titles, only the English Windows versions). It feels a lot right now, but I presume they feel like peanuts in the future if and when I have e.g. a 500 terabyte hard drive and I've moved my whole GOG collection there.