Watched a large and beautiful P-38 with twin YS 120's (140's?) a couple weeks ago lose an engine. Hairy for the moment it took to throttle back on the remaining engine but after that use of the rudder and keeping the wings generally level permited the flyer a working engine to make the runway with. However, there is a lot of merit to losing both engines at the same. The decision about what to do bext is pretty well established.