MikeFerrara:Yes, I was talking about what will happen if the inflator valve is stuck. Then it'ss allow air to escape much faster.
There are four valves in the inflator setup; one that allows gas to flow from the reg into the BC (fill valve), one that allows gas to flow in and out through the mouthpiece (dump valve), and a pair of check valves that prevents gas from escaping the BC and the inflator hose if they are not connected. The scenario suggested above would require, I believe, that two of these valves fail at the same time, which I think is unlikely.
I have heard of panicky divers occasionally getting the two buttons (dump and fill) confused.
Whatever was the root cause of this accident, my heart goes out to the family and friends of the victim. This serves as as a reminder that the sport that we love does have its dangers; it behooves all of us to remain vigilant on the question of safety.