A redundant Inertial Measurement Unit (IMU) is an inertial sensing device composed of more than three accelerometers and three gyroscopes. This paper analyses the performance of redundant IMUs and their various sensor configurations. The inertial instruments can achieve high reliability for long periods of time only by redundancy. By suitable geometric configurations it is possible to extract the maximum amount of reliability and accuracy from a given number of redundant single-degree-of-freedom gyros or accelerometers. This paper gives a general derivation of the optimum matrix which can be applied to the outputs of any combination of three or more sensors to obtain three orthogonal vector components based on their geometric configuration and error characteristics. Certain combinations of four or more instruments are able to detect an instrument malfunction, and combinations of five have the additional capability of isolating that malfunction to a particular sensor. Finally, this paper offers a major improvement in reliability, although the improvement in accuracy is minor.