Depends. If you have a theoretical 180 watts (60+120) but you only get 120 from them, you're down 1/3 (33%). If your nett gains from other things account for more than that (and I don't only mean lower losses in your wiring), then you may not actually be losing as much as you think.
Even more so - the 60W and 120W will be the absolute maximum you can get from the panels under normal conditions, the reality is that a nominal 12V/60W panel will likely deliver that 60W at 17.5V - about 3.4 amps. If your battery was at 12.5 volts, you'd only actually get 43 watts from your panel. (86 from your 120W), so unless you have a MPPT charger, you're probably down from (43+86=129) to (43+43=86)
Even worse, if you have less than ideal sun, or elevated temperatures, your panels output may be less again.
You are probably only "wasting" 40 watts or less, and may well make that up in small gains in the rest of the system by going to 24V.
(Of course, you could sell the small panel and get another 120W, or just get another 60W panel - you'll get more than just 60W additional benefit from it!)
(Grrr... 4 times trying to post this reply)