I have been using a 19-cuft pony and it has become an integral part of my equipment. Personally, I would recommend against mounting a pony bottle, reason being that unless you can reach the valve at any point in any position and with great ease (all of which I highly doubt when a pony is mounted), you need to access the valve. If your pony reg is leaking even a tiny bit, you might lose the very air that you are taking for redundancy. A 19 cuft pony is very small to begin with. Some people will say it's too small and recommend a 40-cuft bottle instead. If you don't mind the size and if you're not an UW photographer, I'd say go with the 40-cuft. For me the reason of getting the 19 cuft was to have something that isn't bulky enough to interfere with my photography yet still gets me safely from 120 feet to the surface including a safety stop. The 19-cuft bottle does, I've tried it from 100 ft, incl. a nice long safety stop, and still had 1000 psi at the surface. Also, with a 19 cuft you can travel on a plane. A 40 cu ft would be way too big for that.
The other reason why you want to sling a pony is that you can unclip it and hand it to a buddy if needed. It's also much easier to monitor to air pressure when it's slung, as the tank valve will dangle right in front of your chest. I have a 5-inch high-pressure hose and a regular-length regulator hose, stowed with bicycle inner tube straps. I made the rigging from polypropylene cord (Nylon expands when wet), and it works just fine. All you need is a hose clamp incl. a protective nylon tubing that fits the circumference of your tank, polyprop or polyester line, two carabiners (stainless steel is better than brass but also more expensive) and a set of instructions, which you can get here:
FKD - Deco Bottle Rigging
The cylinder clamps and carabiners you get here:
D-Rings, Belt Slides, and Clamps - Dive Gear Express
I'm attaching a pic that shows you what it looks like when it's slung. It's out of the way, yet accessible at any time.
Good luck!