A single freezer would be cheaper to buy and set up with temperature control, and it would use less energy (assuming you're running two batches at the same time).
Two smaller freezers would give you flexibility with two different brewing techniques at the same time. You could do an ale in one and a lager in the other, use one for fermenting and the other for cold crashing, ferment a high-temp saison in one and an ale or a lager in the other, etc. You may also save energy (probably marginally at this level) any time you were only fermenting one beer at a time.
If you do go with two small chambers, make sure they can get down to lower temperatures: my ferm chamber right now is a mini wine fridge that only goes as low as 12C, which is too warm for lagering or very effective cold crashing. Personally, I'm hoping to get a bigger fermentation/bottle conditioning fridge in the near future, in which case the wine fridge would serve for bottle overflow or possibly the occasional saison if I ever get around to making one.