[Answer to original question]
The gauge you have will work just fine so long as it is clean. If it is not clean then I would purchase a clean brass & glass gauge and call it done. Supporting Gators gauge cleaning hobby sounds pretty good too
I have not heard an argument in favor of plastic gauges (due to weight or otherwise). I use metal gauges and expect a long life out of them.
I would not consider using a full length hose on a deco bottle SPG. This becomes increasingly scary when you consider 2 or more deco bottles and the difficulty associating a particular gauge with a particular bottle.
If you're considering a full length SPG hose due to a lack of a short one PM me and I'll send you one free.
[Thread hijack banter]
The issue with O2 cleanliness has to do with the total pressure of oxygen exposed to the fuel (reg, mask, whatever).
A deco regulator first stage and pressure gauge will commonly be exposed to 150 atm of oxygen pressure (ie: 2200 psi tank pressure). You'll want to have them clean and made with oxygen compatible materials.
A mask will be exposed to what you're breathing. Hopefully this is LESS than 1.6 ppO2. I don't know about you guys, but I'm NOT breathing oxygen at 200 fsw...
A regulator second stage is going to see something in the ball park of 150 psi on the supply side, or about 10 atm. Not a huge deal, but I wouldn't flush my hoses with motor oil
Jeff is correct when he says that you exhale a significant portion of the oxygen you inhale. The oxygen in, CO2 out comment is not applicable in that we only metabolize a small amount of oxygen in each breath, particularly on rich mixes. Consider the operation of an SCR rebreather (ie: Drager Dolphin) and why it extends your gas supply.