Ray,
I am also considering a similar purchase. Based on two dives where signaling was needed:
First dive - Freshwater dive @ about 40' & 52 degree water with my buddy at 4-O'clock position 10-15 feet away. Did a buddy check all OK. Continued forward for less than 30 seconds and was acosted by the sound of an angry duck in heat.... I looked back and saw my buddy (now 30+ feet away) slowly sinking in a horizontal position while holding his reg in his mouth with both hands as his tank dangled by the hose. I swam back to him and managed to secure his tank & continue the dive. BTW: I was wearing a 7mm hood.
Second dive - Saltwater dive in kelp forest. 30-40' and 57 degrees. My buddy is wearing a hood. He is at my 12-O'clock about 20' ahead of me when I get kelp tangled on my 1st stage. I pause to clear it and am having a little trouble as it is an ackward reach and I cant see it. While calmly trying to free my reg one of my fins gets tangled. I retrieved my dive knive and try to cut the kelp. Useless... I use my knife to bang on my tank. My buddy never heard it. By this time I am getting a bit paniced (sp?).
I paused to relax & evaluate the situation. Checked my air and found that I had gone from 1300+ PSI to 500PSI just trying to free myself from the kelp. I did my best to relax, correct my bouyency and work on the kelp one bit at a time until I was free.
I slowly continued it the direction my budy had taken for a minute or two and did not find him. At that point I made a normal ascent & safety stop. I surfaced with 300psi. I waited on the surface for a few minuets before my buddy surfaced about 50 yards away.
He later told me that he had looked back and didn't see me and proceeded to look for me. He never heard my signal.
While my buddy on the first dive took alot of grief before the dive for his pet duck he did not abuse it to the annoyance of other divers and when he did need to signal me it was extremely effective.
It is unfortunate that some divers have abused these devices to the point that some responsable diver are reluctant to carry them.
Funny.... I was riding the fence trying to decide if I would buy one... I think I just sold myself