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I cant see a single situation where ditchable weights would be useful underwater. You have your BCs buoyancy, drysuit buoyancy, SMB as emergency buoyancy and buddy has the same. Thats 6 things that have to fail together to cause a problem.
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This is almost unbeleivable from a dive instructor. What if you are negative on the bottom, alone and you suddenly lose all your air supply (which could happen via 25 different methods.) Some people might not want to swim the whole way.
What if the diver is overweighted and jumps in with the air off and sinks deep before he realizes what's going on?
What if a diver runs out of air and sinks to the bottom and goes unconcious? A rescue diver might possibly like to drop the victim's lead, especially if the other divers tank is empty and the rescue diver has his BC nearly full at depth just to compensate for his own wetsuit compression
What if a diver jumps in over weighted, starts sinking deep and fast and then realizes his ears are not clearing and then hits the inflator and it is unconnected? I would drop the belt before my eardrums imploded.
My friend almost drowned last year because he was somewhat overweighted, had no ditchable lead and entered the water solo with the tank off. He got one breath from the regulator and there was no more, although he obviously didn't know that until he had exhaled. He continue to sink as he deployed the pony reg, which was also turn off. Now he was pretty deep and pretty heavy and had no way to inflate anything. He powered his way up with large freedive fins, but said that he was seeing stars and almost didn't make it.
I can understand how many people will dive with no ditchable weight in certain situations (as I sometimes do), but to say that you have no idea why a fast dump might be useful in certain situation is hard to imagine.
Also. even if a weight belt is lost at depth, it is not difficult to learn to control a bouyant ascent by flaring out, laying on the back and spreading eagle. Even when I'm 20 lbs bouyant I can control my ascent rate to a reasonable level.