Since the end of 2020 I have been doing floor presses (single kettlebell) and swings, both one-arm and two-arm (I think it still counts as a two-lift program). An argument for limiting the number of lifts that I don't see often is that it allows you to really perfect the moves and gain deeper insight into their details. In my (admittedly limited) experience these technical discoveries really do carry over to real life activities in the way that going through the moves with barely 'okay' form (which is practically unavoidable when you do a large number of exercises, especially if you train alone or with other amateurs only) just doesn't.
However, in my opinion the definition of a minimalist two-lift program should encompass specialized variety within each lift. For example, in my book ROP is still pretty minimalist - technically it contains four different exercises, but three of these (swing, clean, snatch) consist of the same hip hinge ballistic movement pattern. Or, say, PTTP where you can rotate sumo and conventional deadlift within a single cycle.