Typically, they are applied at different rates. On the newer Gold Wings, they are interlinked with one front disk and the rear, being tied to the rear brake pedal, while the front brake lever controls the second, remaining front disk brake, alone.
Shultz_1978 is correct: by slipping the
wet-only clutch, and dragging the
rear-only brake, you can stabilize your bike (
any bike, large, or small...) at slow speeds, allowing you to learn how to pull off some pretty tight turns, and other maneuvers, all at very slow speeds. It is quite amazing what you can achieve with this technique, and practice: Ride Like a Pro DVD Vol. 5 - Jerry "Motorman" Palladino (
link). I have this DVD, and I highly recommend it for any rider, on any bike, large, or small.
For these reasons, as well as the greater control separate brakes give the rider, I would never want a bike with a 'linked braking system'. Wing riders can have them -- on such heavy bikes, the clutch-slipping/rear brake dragging technique is an absolute must. I've used this technique to great effect, riding two-up, on both of my bikes, pulling a U-turn on a street, without putting my feet down, without losing control of the bike, no stopping, no duck-walking. My wife was impressed, and so were my buddy, and his wife, who witnessed me pull it off. Cheers!
1979 CB750K (sold, 2012, but not forgotten)
1983 Kawasaki 440 LTD Belt Drive (sold, 2011)
1993 Kawasaki Voyager XII