Hi dennisgrimm,
.....I certainly have no problem with you playing 'devil's advocate' , so in the spirit of the original point of the thread, I do have to take issue with 'fleeing' from an OOA diver, and then, if forced, donating your octo and not your primary 2nd stage.
Most of the time you're gonna get 'mugged' for your primary, not politely asked for it...you'll never see it coming, (so you won't get the chance to 'back away') it will be gone before you're even aware there's an emergency. 'Tech' divers 'admit' this reality, thus configuring their gear/training for this most probable of outcomes......might as well accept this scenario as inevitable, and be ready with a donatable primary on a 7' hose...so when it happens it will be second nature to you.
Imagine you're confronted with poor vis (siltout/night dive/light failure in cave) and need to share air.....your OOA buddy isn't gonna waste time in total darkness figuring out where you happened to stash your octo......he's gonna find your body, figure out where your head is, then find your mouth area and grab the reg...'cause human anatomy is predictable...gear 'stowage' is variable, people stuff/stash octos all over the place, they're not gonna drown wasting time sorting that out.
Once your buddy has the long hose, you switch to your necklaced octo...which is REAL close by you, and you're good to go.....remember, you'll be out of air a few seconds at most while making the switch.......your buddy has been OOA for god knows how long, a few more seconds could make-or-break him, make it as easy/obvious as possible for him.
As for the manifold question....for the most part I doubt you'll be allowed by a technical instructor to dive the manifold 'closed'...not if you want the certifications...however, I suppose on your own you can do whatever you wish. I've been taught to either leave it all the way open or to leave it a little bit open so it only takes a turn or two to close...personally I prefer to dive with it all the way open, that way in an emergency I won't get confused which way is off......if the manifold knob is left in an 'intermediate' half-on-half-off position it's possible to get confused which way is 'off'...I like it all the way 'on', that way I know the only direction it's possible for it to move is 'off'.
Karl