@stuartv with the chest mount it is designed to be unclipped and pushed in front of you. Minimizing cables running from the unit to your arm is really nice with sidemount rebreathers.... If I were running it as a CM and wanted redundant monitors I'd have NERD controller and blinky HUD so the unit wasn't tied to my body with any wires that I'd have to remove.
Blinky HUD would be under the NERD flush to the dsv/bov for me. Irritating with an OVF, probably but that's a different use case.
Are you talking about running the CM as your only CCR? Or as a BOB?
If you're talking about as your only, then would you (do you) run a BM or SM CCR with only a controller and a blinky HUD? I feel like I would only be comfortable with that config for purely NDL dives.
If the blinky HUD was on the same side as the NERD, under it, then I don't think it would matter to the OVF.