the hitch pin supplies support in a horizontal plane for towing and in the case of the super bumper, an accident.
in the case of tongue weight or a cargo carrier, the hitch pin would act as a fulcrum, the load is taken by the bottom of the front of the receiver and the top of the rear of the receiver. Now that I'm thinking about it though, having two pins would eliminate that rotational movement, and put all of the weight on the two pins, similar to how the carrier contacts the receiver.
putting two pins might cause issues with the superbumper though, its has a slot instead of a hole, so two hitch pins would reduce the length of travel/absorption it has