Scott, I'm glad you found this build thread useful. I know when I started this journey, it was a bit daunting (to say the least). I spent many months just reading this forum, copy and pasting bits and pieces into my CNC build notes. With all the help from people on this forum, I was able to get a pretty respectable machine put together. I tried to put all my experiences down, so as to pay back for all the help I received.
Only having one motor on the Y axis has given me absolutely no problems. I think the need for two motors, comes down to two things; the length of your gantry and the type of material you will be cutting. My planned material to machine is wood and wood is a heck of a lot easier to machine than aluminum.
If I were planning to machine aluminum, there would be no doubt about it, two motors on the Y axis. Yes it's a bit more complicated and expensive than just one motor, but people have successfully done it before.
Good luck with your build and don't hesitate to ask questions. This is a great forum with lots of experience.