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 I've heard  @NVK and guests talk about various trade-offs between seed storage schemes, but never about SeedXOR hammering (2-of-3 SeedXOR, using only XOR operation and uses/produces 3 valid BIP39 seeds).

Seems like a nice to have feature on my coldcard, but are there any downsides to this scheme?

https://cp4space.hatsya.com/2021/09/10/hamming-backups-a-2-of-3-variant-of-seedxor/
https://github.com/AndreasGassmann/seed-xor-hamming 
 If you going to 2 of 3 use multisig, that makes SeedXOR too complicated.