Reading this really enlightens me with how bad I am with metering... I usually just roll with whatever my meter gives me, or take 3 readings in the dark/mid/light zones of the image area and average them.
I'm not quite sure I understand the advantages of duplexing... I set up a test subject and using the method discussed earlier to meter, my readings agree with what my matrix meter in camera is telling me to use anyway.
It's not a surprise that a matrix meter would agree with duplexing for many shots. The goal of each is the same.
The difference is that incident metering doesn't easily get fooled by changes in scene reflectivity. A white wedding on a ski slope is easy with duplexed incident metering, it takes a bit more thought with reflective meters.
I said this before but it bears repeating, setting exposure is a compromise between the needs of competing subjects.
Duplexing measures two things.
1-A Highlight peg. Meter pointed straight at the light source.
2-A Mid-tone peg. Meter pointed toward the camera, hopefully parralel to lens axis.
The highlight peg used by itself, in theory should protect against almost all overexposure. This isn't like a spot meter reading though, even pointed at the sun this is essentially measuring something close to what would be used for a "front lit" exposure value. For a front lit photo you could almost stop here, as the light swings around your subject though stuff facing the camera can start to go into silhouette. If that's your intent, great; if not you need to adjust.
In terms or light swinging around your subject think Lahaina Noon, in Hawaii the sun reaches a point during the year where when standing upright at noon you don't cast a shadow except on your own feet. At Lahaina Noon, if someone is wearing a wide brimmed sun hat they can be fully lit as if they are in open shade, but their hat and surroundings are in full sun.
The mid-tone peg used by itself, in theory, will place subjects that are facing the camera at normal brightness levels. For example, faces looking at the camera will fall at a "normal" brightness level. This reading by itself doesn't consider the background or the main light.
Duplexing averages these two pegs together.
In the Lahaina Noon situation the mid-tone peg taken at the subjects nose, under their hat will try to protect detail and brightness in their face and clothing. The highlight peg will try to protect details in the clouds and on top of the hat.
Averaging the two readings is simply a recognition of the reality that we have to compromise. Duplexing provides a very reliable compromise.
The only way to avoid an exposure compromise like this example at Lahaina Noon with a subject under a big hat is to use artificial lighting, reflectors, speed lights, table lamps, movie lights, or whatever to light the subject to your preference.