you can’t just share passkey between your devices like you can with a password
You would just sign into your password manager or browser on both devices and have access to them?
Additionally, whatever app or service you're storing them in can provide sharing features, like how Apple allows you to share them with groups or via AirDrop.
there’s very little to no documentation about what you do if you lose access to the passkeys too.
If you lose your password, there are recovery options available on almost all accounts. Nothing about passkeys means the normal account recovery processes no longer apply.
Typically in most situations where a PIN is used on a modern device, it is not just the number you enter but some kind of hardware backing that is limited to the local device and also does things like rate limiting attempts.