I did a number of dives last year with people who did deep air dives because they did not want to pay for helium. It appeared to be fairly common in the area of South Florida in which I was diving.I am not sure peter how that goes, yet I do believe a lot of it is the money.
On the other hand, not a single one of them was doing the single tank bounce dives being described here. Every one of them was using well accepted technical diving protocols. They all had plenty of gas with them. They had redundancy. They had made careful dive plans with decompression profiles plotted out. They all used high nitrox percentages for accelerated decompression.
Not wanting to pay for nitrox on a planned 150 foot dive is not a reason to throw all other safety factors away, too.