So, a buddy team starts their ascent from a 100' wreck using AL80s with enough air for both of them to do a 30fpm ascent, and hold a 15' stop for 3min. Assuming a pretty decent SAC rate of 0.5, this would mean they both have 715psi in their tanks when they start their ascent.
Now assume one of the buddies has a problem with their first stage, and is suddenly OOG. He grabs the buddy's backup, and they head to the surface, but they are nervous, and their SAC doubles to 1.0 cfm. Their ascent will take 3:20 at an average pressure of 2ata, and the SS is 3:00 at 1.5ata. Doing the math, that takes 22.4 cf of gas, which equates to 861psi on a single AL80. The regs they are breathing from will probably start breathing pretty hard by 350psi, and stop completely at 250psi, so the team starting their ascent with 715psi will be about 400psi short of making it to the surface, and will have to make an abbreviated ascent.
This is all for problems that happen at the upline, and the divers head to the surface immediately. If they are deeper, or it takes longer to start their ascent, they will come up substantially shorter on air.
So, in other words, just because you are back on the boat with 500psi does not mean you are safe. To hell with industry standards, do the math yourself.