OK, I am on very dodgy ground here since I have never measured bearing vibration in my life, but from a fatigue point of view I can see a possible issue with that argument, although given the numbers in this case I think it is fine in practice.
If the two frequency components are of comparable amplitude then the time signal will rise to a peak of twice the individual value in each cycle of beating, in this case at 25 rpm.
This will DOUBLE the maximum strain seen in the structure. Fatigue accumulates roughly as number of cycles*strain^6 or so in steel, in some regimes (from memory in MIL HDBK 5), so each cycle of beat will do 64 times as much damage as the individual frequencies would have.
So, depending on the frequencies involved it may be possible to see a problem with fatigue that would not have existed if they had not been beating.
In this case I am sure that the relatively small number of cycles more than compensates for the additional amplitude. This only happens at 25 rpm so the damage in one minute is 25*64 or 1600. The damage from the individual frequencies would be 1775+1800, or 3575.
The other reason I am on dodgy ground is that in reality all any pair of sine waves 'beat' to some extent (that is at certain times they will constructively interfere, at others destructively), it is a subjective call when you have beating.
On a related note, what is happening to the vibration power (proportional to amplitude squared) in this system? Very odd.
Cheers
Greg Locock