I have no octopus, rather a pony second stage bungied on my neck. Wonder why he thinks this is bad? My pony is fixed and can not be handed off.
Let me clarify.
Like I said, there are no hard and fast rules. But you DO have to think and talk things through with your buddies. If you agree that the buddy can come and grab the pony reg, they should have access to it. That is what I meant by 'being in a scenario where a buddy can come and grab the pony reg'
If you are diving with buddies and carry a pony/bail out bottle. Is it intended to be used by your buddy as well? If it is, then a bungeed second stage of the pony around your neck is a problem for the buddy out of gas....unless you have two second stages on your pony. One around your neck, and the other on the tank.
If you however have the second stage of the pony readily accessible to both yourself and a buddy, then there is no issue. In this instance if a buddy is OOG, you can done/they can grab the second stage, you can unclip the pony (provided it is slung) and both can go up independently.
If you decide that you will not grant pony access to your buddy, then a bungeed second stage around your neck is not an issue. Or you could hand them your primary and go to pony yourself......