Let's say that one box is down (don't care why, boxes die all the time).
You have 3 boxes, they're all running at 100%, or worse if the load is not perfectly balanced (it never is). You've got bad latency and you're up for cascading failures. Your system is in bad shape.
Now, supposing you have to deploy your application. Gotta take a server offline temporarily, the load will be 100% on the last 2 servers left... that can only take 66%. Booya! You're down :p
That's what happen when people are cheap on servers, in high performance systems.