this isn't entirely true. You ever hear of an upstream design? They were not uncommon in the 1970's.
Such a design will fail by cutting off your air supply.
You are usually spot on man, but tilt valve regs were all but gone by the 70's. I have the entire run of U.S. Divers single hose regs from 1957 to 1975 and the only two tilt valve regulators that they had were the Aquadiv and Aquadiv deluxe. they were both gone before 1965. If you mean upstream as in an upstream first stage (instead of the aforementioned second stage design), there are still plenty of those around as we all know. Every diaphragm design that I have ever seen is upstream. The term upstream is sort of misleading, as it merely refers to the position of the mechanism vis-a-vis the flow of the gas. I'm not trying to nit-pick you, because you are extremely experienced. Any first stage could technically fail shut if the main spring broke at depth, but I have never heard of even one instance of that happening. I am sure it would be all over this place if it did. Note that I am only referring to tilt valves and not to pilot valve regulators, of which I am mostly unfamiliar.
Interestingly, if you ever want to try an upstream second stage (tilt valve), I have some that I have rebuilt. Breathing through one is like sucking air through a straw and they typically do not have a venturi assist.