After years of spending way too much on oxygen setups, including the DAN kits and MTV valve, I finally went as cheap as possible setting my O2 setup up for our personal craft. I bought some used E cylinders off craiglist for $5 apiece. A nursing facility was selling them off after some their patients went into hospice. They were out of hydro and already filled so I verified the O2 content with the dive shop analyzer to ensure it was O2. If I use the tanks for an emergency, I will likely donate them or recycle them for scrap rather than have them hydro'ed since I can buy the same filled tanks again for $5 apiece rather than paying $50 for a hydro and another $15 to get them filled.
I found some 15lpm non-DISS outlet regs on EBay, so I can accommodate two divers on two separate cylinders. Non-RB masks were $5 apiece from an online CPR supply store. I used an old canvas bag I had laying around, scotch guarded it and put everything in the bag, which is kept in a cabinent on the boat. I also bought some clear tubing and threw in some CPR masks with inlet valves into the bag that I had left over from a CPR class for CPR oxygen. The entire setup cost me around $60. It will work for 99% of the diving we do.
Pelican cases are nice but way too expensive. I tried to keep mine as simple as possible.
The DAN kit is nice but way overkill for most people. MTV isn’t necessary unless you are way offshore, or you are teaching a DAN course. They price out at about $500 apiece and require annual reg service. Way too much hardware for most people. A simple set up as described above works much better in most circumstances.
I used the DAN kits for years since I was a DAN IT. They work really well for class but the non-standard tank is too small of capacity for most of the diving I do. Plus, it is a HUGE pain in the ass having a non-standard tank for various reasons. Unless you are able to fill your own O2 tanks from a supply bottle, I don't like the DAN non-standard tank.
If you are more than an hour offshore, you can add components, but that adds complexity and cost. Most of the time, if we are more than an hour offshore, we are going on a commercial boat and they have their own oxygen onboard. We either supplement that by 1) bringing our own kit along with us or 2) confirming what their setup is and that it will work for the dives we do. Worse case scenario. Buy another couple of $5 tanks off ebay and bring them along with you in case you need them.
The key thing is to have pure oxygen available. Whether teaching classes or just diving on your own. Pure oxygen early on is a magic elixir for most diving maladies. DCS doesn't care if you use an MTV valve or have a hard case.
Most of the setups shown on here are really nice but way too expensive for my taste. I would rather spend $600 towards a dive trip somewhere really cool than on an oxygen setup. YMMV.