1) More than one person has started a dive on their pony and run OOA with varying degrees of drama/downstream problems with that (up to and including drowning)
2) More than a few people have switched to a pony and run that OOA either because it wasn't as full as they planned, their consumption wasn't as planned, or they lingered at the bottom etc longer than planned
3) OOA divers have been donated a pony reg by a buddy and run OOA or it was never turned on in the first place.
All of these (and more) have led to AGE injuries or drowning fatalities in the past. There are a few pony related near miss incidents reported here on SB too. So no, its not just super very simple backup extra air - there is no such thing in scuba and to imply there is does a disservice to those who have been injured or died even with a pony and sometimes because of it.
Part of the problem with ponies in general is the lack of standardization both size and configuration: where is the 2nd stowed, is the valve on/off, is the valve even accessible, how big is it, is it full, is it staying full or leaking out, what consumption rate is used for its sizing, what gas is in it, is it donated or not, is the regulator going to be oriented, purged and working for the intended user.
I dislike ponies mostly because there are nearly as many configurations as there are pony users. As a buddy I try my hardest to be predictable, I put my light beam in a in predictable spot, I position my body in predictable places, I use equipment which has predictable characteristics, I have predictable resources to contribute to resolving problems. Ponies, above all else, are highly unpredictable in their configuration, sizing and utilityNot severe, and we're talking about solo.