Do you prepare for HURRICANES in Indiana? I suggest the answer is NO. But to not do so would, by your definition, to be only prepared to a limited extent.I find nothing fun about preparing for a worst case scenario. I intend to be fully prepared for whatever comes my way. There is no logic for preparing on a limited basis. Either you are fully prepared or you are not. There is no in between. I choose to go all the way.
My suggestion is to prepare for the most likely eventualities first. As the likelihood gets lower I suggest the priority gets lower too. My house is on top of a 60 foot bluff, I have not planned for flooding and I do not intend to do so. On the other hand I have had my roof's eve's reinforced to handle excessive wind loads to reduce its chances of blowing off.
Again, my point is that we each need to assess the various different types of SHTF that could affect each of us from simple job loss to regional calamity.
I don't really know exactly how you can make statements like that when I also have 3 heat producing fireplaces and the means to keep them burning. You say my set up is not optimal for longer periods but don't seem to know details of my FULL set up.We had this discussion a few months ago. YOU have what works for YOUR house and needs. That setup is not optimal for longer term situations, but works ok for short term problems for the size and layout of house YOU have. It is not, however, a very efficient use of resources and it places you at the mercy of a single point of failure (electricity).
You mistakenly claim I have a single source of failure but clearly that is not true either.
Further you mistakenly claim my set up is short term only, but that is also obviously wrong.