Problems

The major problem with any standby software that gets data from an active primary is that, because it's the exact same version of software, any bad data that kills the primary may also kill the secondary, because it will tickle the same software bug.

If you have near-infinite money, the proper way to architect this is to have the primary and the standby developed by two independent teams, so that there will at least be different bugs in the software. This also implies that you have near-infinite money and time to test all possible fail-over scenarios. Of course, there is still a common point of failure, and that's the specification itself that's given to the two independent teams...