Not really, unless you care about something like "when I look back at my career, I don't want to have had a bias to underestimating nor overestimating outages". That's all this logic gives you: for every time you underestimate a crisis, you'll be equally likely to overestimate a different crisis. I don't think this is in any way actually useful.
Also, the worse thing you can get from this logic is to think that it is actually most likely that the future duration equals the past duration. This is very much false, and it can mislead you if you think it's true. In fact, with no other insight, all future durations are equally likely for any particular event.
The better thing to do is to get some even-specific knowledge, rather than trying to reason from a priori logic. That will easily beat this method of estimation.
