Earlier quoted context omitted.
FIDO2 enables resident keys. With resident keys the web site can have a flow where you just go "It's me" (maybe you enter a PIN, or touch a fingerprint sensor, Apple just announced they're doing this with FaceID) and you're signed in. Without a resident key, there's a back and forth where you give a username, then maybe a password, and then your authenticator comes in to provide a second factor. This is because the F…
That sounds worse to me. I don't like the idea of having my identity tied to a device. What if I lose it? My favorite setup right now is to keep my username / password in a password manager that I sync to multiple places to ensure it doesn't get lost. Then I use a YubiKey with FIDO / U2F on sites I consider important. I have a main and a spare YubiKey and both get added to my profile (except AWS who only support one…
So if you lose it the credentials are now essentially worthless (anybody who found it or stole it presumably doesn't have your PIN / fingerprints / face) and you should revoke them from sites where they were trusted.
Nothing prevents you from enrolling multiple FIDO2 resident key devices for a site, the site would store all the relevant credentials and you could use any of them to log in. I expect Apple's implementation notes for that demo last week tell implementers to allow multiple enrolment because some of Apple's best customers own an iPhone and an iPad and a MacBook Pro and expect to use all three.
But sure, you can use the second-factor-only FIDO behaviour on a FIDO2 key just fine, it's just that FIDO2 resident keys can offer a nicer user journey while still being secure.