Possibly. But only if the isolator is open and even then you still might have to change regs. Panic is it's own narcosis. Once it sets in, you become dumber than a box of hammers.
You think that somehow side mount led to the demise of this diver. That's your choice. I'm going to blame the blind jumps and subsequent blind panic.
I actually due believe that sidemount was a contributory cause. My reasons:
1. Task loading is higher in new sidemount divers. New cave divers are already task loaded just by the nature of being in the cave (where's the line, how's my trim / buoyancy, how's my buddy, how much air do I have, how far am I in the cave) that adding the task loading of reg switching is just putting more fuel into a fire.
2. If he was in backmount, there would have been no need to swap regs.
Look, I'll dive sidemount when I need to, but sidemount is an advanced form of cave diving to get into smaller/tight passages with no-mount restrictions -- that is not appropriate for beginning cave divers.
Just calling it like I see it.