Not all of the USA requires a transponder. I've flown from Tucson, AZ to Oshkosh, WI, with an INOP transponder. You can't go in Class B airspaces, but as long as you have a radio still working, that's your biggest restriction.
The transponder protocol is proprietary, plus, you'd need to have a calibrated and tested altitude encoder in your "simple" pilot interface, and a bunch of Mode-S configuration data too. If this is a serious concern of yours, a second transponder is a better choice. Just protecting against the SkyView failing is not protecting you against the transponder module failing.