Until quite recently I was using three 20A circuits to fed three duplex outlets with four pieces of gear on them. I did the experiment of putting all four pieces of gear on one 20A circuit & tripped the other breakers to ,off (when I listen there is nothing else operating on that leg of the breaker panel) and although it is not a kick-in-the-balls change, I do believe I prefer the single 20A system.
Prior to performing the above experiment I was not predisposed to believing I would like one more than the other. As a matter of fact I was hoping that I would like the three 20A system better.
Of course, you didn’t ask about three circuits vs one circuit, you did ask about two vs one, and I did not try my system on two.