I don't know of any scuba regulators (modern, vintage, or tween) that could really be called failure prone. Although I'm sure there are a number of associated gadgets that many divers have rejected due to reliability problems. But whatever the failure rate is (1 in 1,000 to 1 in 100,000) adding a completely redundant gas supply essentially doubles the zeros in the denominator.
I don't carry my pony often. Shallow and/or with my wife/buddy, I just don't need it. But deeper and solo it is with me. It is extremely unlikely that I will need it. But the very slight burden of carrying it is worth the risk reduction to me.
I've been told, in discussions of tank reliability, specifically in the 6351-T6 material issue, that the reason the government didn’t feel a recall was necessary was that due to extensive inspection of scuba equipment, ‘almost’ all defects are detected prior to them becoming a problem.
To a point these extensive inspections of scuba equipment is the industry making agreements/contracts with it’s self. Having said that, it’s also the main reason we don’t see more problems with defective equipment killing divers. We overinspect scuba equipment to a point of changing the statistics! Well, that and training and redundancy.
Still there are failures.
I do an extensive amount of solo cave diving. My 'pony bottle' is an AL72. I test the quantity of gas regularly to be sure I am diving within the 'self rescue' range of the bottle -ie- I'll get to the maximum penetration, and decide "I haven't tested my escape gas consumption in a while, today would be a good day to do that...". I switch to my buddy bottle and exit on it, all the while monitoring the gauge on my back gas to be sure it hasn't sprung a leak along the way because it, now, is my backup gas supply.
Having emergency procedures and equipment to support them is outstanding!
But you have to practice those procedures for them to work, or at least work without having to think about them, in an actual emergency.
Be safe and have fun in the water! Bruce