I dive with mine closed. I frequently dive wrecks and there are situations where arm movement is restricted. In the event of a failure I know I can reach my second reg but not always can I reach my manifold easily.
GDI, 1 minute is a very long time when you are losing gas. Try this after a dive sometime, record tank pressure, shut your tank valve, remove an inflator hose from the first stage then open the tank valve fully for 1 minute. Then replace the hose and record pressure. That is what would happen if you snagged and tore a LP hose.
Now imagine that happened to your left side (assuming 1 spg) just at the point where you were turning your dive. You have lost X amount of gas you don't know how much cause your spg is shut down and you have to get out of the wreck. If you can still see your buddy or your guideline you are in good shape but all those bubbles sure can silt things out in a hurry.