SlugLife
Contributor
If the pony-bottle does not have sufficient air to safely surface, the diver isn't using a pony-bottle correctly.A pony tank becomes dangerous if it causes the diver to move his secondary reg from the main tank to the pony bottle, leaving the main tank with just one reg.
Doing so can result in the incapability of employing a large amount of gas stored in the main tank if the primary reg fails.
Using a pony tank should always be simply "incremental" to the standard setup, not a trade-off between the main tank and the auxiliary one.
Personally, I do remove the octo and don't consider it even slightly dangerous, given I always have enough air to surface in both tanks, and in the event of a failure, will surface. If the chances of a failure in a 2 minute window are 1/1000 (which would be really high), the chances both fail at the same time would be 1/1000000.
I am curious though, how often are 2nd stage failures, where they fail to deliver air? It's not something I've heard about happening. (To be clear, I'm not suggesting it doesn't happen, just that I don't hear about it.)
edit: This is a good example of the snake-eyes analogy in my previous post. There may be a slight increase in risk to yourself removing the octo, but the addition of a (properly used) pony bottle can more than compensate for that risk. It's a similar concept to how many solo divers use pony-bottles, while buddy-divers use their buddy for redundancy.