Getting two PhDs is absolutely ridiculous. Once you've earned one, you are more than able to learn whatever you need to know on your own. You don't need to be enrolled in a PhD program to learn new subjects. If you enjoy the university atmosphere so much, go into academia. Of course, this is assuming you're after two PhDs in similar or related fields. If you want a PhD in physics and another in Comparative Literature, well, that's a different story. However, it sounds like you haven't met a guy I know called Real Life.
Finally, it sounds to me like you are not sure that you will be able to get into a top PhD program within your field, and you believe that if you obtain a PhD at a mid-level institution, you'd be able to leverage that into a top-tier PhD program. That's a waste of time - just get into the best school you can and excel. You can try to step up in tier as a post-doc after you've kicked some ***.