@Jimmer: Your story is not really proof that the Alpha 8 should not be dived in cold water due to its lack of an inhalation adjustment knob. It's pretty clear that the cracking pressure on your backup Alpha 8 was set incorrectly (cracking pressure too high). For some reason, I was expecting you to say that the aggressively tuned primary free-flowed as soon as you took it out of your mouth and offered it to your buddy. That was not the case, though. I suspect that if you had just tuned your backup to match the cracking pressure of your primary, then you wouldn't have had any problems with initiating flow at depth. Perhaps people with more reg service experience might be able to comment on this.
As far as I know, an inhalation adjustment knob on the second stage is not a requirement for cold water diving. One should set the i.p. on the first stage towards the low-end of the normal range, ensure that the first stage is environmentally sealed, and install the standard heat-sink gizmos on the second stage (or use a metal second stage). But, then again, I don't have much experience diving in truly cold water.
I do value your input, Jim. Perhaps I'm missing something here. At some point, I would be interested in doing some cold water diving, so I'm curious.