@ghost9 yes, I'm certainly aware of the strong opinions on SB, but like always, the info here is super helpful!
It's slightly embarrassing to admit, but this thread pointed out my misconception that a mounted pony's second stage would be tethered to the tank (I hadn't envisioned actually routing the hose to my body like the primaries; I was thinking of it more like a "spare air style" handoff item). With that clarified, the two options certainly make a lot more sense.
Since my typical diving is not the style that would warrant a second bottle, I feel like I've got a lot of freedom to play around with it and find my comfort zone and preferences. I'm actually kind of excited to start experimenting with the pony... I look at any safety redundancy as a plus, and it'll be a useful skillset to have if/when I decide to advance to deeper or more "technical" diving.
I'm glad you're getting good info. There are some people that will tell you there is only one way to do things, and that may be true if you're going to consider yourself a certain type of certified diver. There is nothing wrong with that for them but it may not be for you. The tech world has come up with allot of good ideas that can be translated to recreational diving, others don't do so well. Do you really need an 6 or 8 foot secondary hose for a shallow water dive in Cozumel?
Remember every style you dive has trade offs, all of them. Your diving style might make a large pony bottle both unnecessary and cumbersome ie shallow beach dive and kayak diving. If you dive to depths greater than 80' (for me anyway) you probably need something bigger than a 19cf bottle.
I would suggest that you take your pony to an easy site and breath it down at depth. See how long it lasts. Refill and do an accent using it. Same for a horizontal swim. Get very familiar with the properties of the tank under water and that may help you decide how or even if you want to continue using it.
When you decide how you want to mount or sling the bottle, use it in a controlled environment to get very comfortable with it's limitations. When an emergency happens the stress level goes up and things that aren't second nature can become stressful to the point of failure. I've heard stories of people diving with pony bottles that never even tried to use them when they ran out of air.
Last but most importantly, have fun trying this. Playing with new gear is always fun!
Good diving.