I'd then keep a little honeypot of sats on the decoy wallet so that if you ever see those sats move then you know that your seed phrase was compromised. In that case it should hopefully give you enough time to move the sats protected by a passphrase (not stored with the seed phrase) to an address secured by a different signing device.
Good call! I love this concept and I can't believe I didn't know about it for so long.
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