there are all types of regulators that handle the cold... and I mean REAL COLD!
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I don't understand why people on Scubaboard recommend a double-hose for cold water. I watched on YouTube Cousteau's trip to Antarctica, and they were diving Cyclons. Certainly Cousteau, the father of the double-hose, would want to show a DAAM of RAM on film rather than a Poseidon product. I am not trying to be a troll but what was Cousteau missing?
I read an article on ice diving from a NOAA symposium. They mentioned the Sherwood regulators and said basically that each version needs to be tested individually. Your old versions may work fine but the newer versions may not. Changes in the shape and design change cold water performance. If I remember correctly, they were using a modified Maximus running a lower IP and using some parts swapped from the Blizzard.
you'd have to verify with @herman or someone a bit more down with reg history than I am, but I don't think there were LP ports on the double hoses in '74 when that was filmed. Bit important for drysuits
My point being, the OP was asking about the low 50's which is not anywhere near ice, or real cold water, diving and any reg should perform adequately. Since I dive wet, and would have to travel to find ice, I doubt that I'll be ice diving soon, or at all.
As far as environmentally sealing the reg, the Sherwood uses air and avoids the mess and added expense when sealing other regs. My old 1980 Magnum was rebuilt once, after 1000 or more dives, and it was clean inside, no corrosion, just used. Because they changed the design and some parts are no longer available I bought a 2010 magnum and now use the old Sherwood as my pony reg since it never failed in the 30 years I used it as my only reg. I'll see how long the new magnum goes, but it may outlast me.
Bob