I’m not being facetious though. Off-site backups of a digital password collection are easy to setup and maintain. But when you change your password or add a new entry, it’s going to be a pain in the ass to have to drive over and update a physical copy.

If you can live with those downsides, that’s fine. But in my opinion it would be facetious to pretend a physical backup is “just as good/usable” as a digital one.