I'd add to that list a burst disc failure - whihc is more likely than an extruded or failed neck o-ring.
I would like to make a comment here. There is no history of a burst disc (essentially an OPRV) failing below the surface. The bust disc tends to let loose during an overfill or during storage in elevated temperatures. Once the tank is in the water, cooling and breathing lower the pressure at a rate that bust disc failure is almost unlikely.
An extruded neck o-ring on the other hand can fail for a few different reasons. One, it may be old and vulnerable. However, if it was recently replaced, it may have been contaminated prior to installation. This contamination can cause breakdown and failure. Also, like you mentioned, extrusion, or not seated properly, can cause failure as well, but usually rears it's head during filling or shorthly there after like the burst disc.
The other less looked at failure of the o-ring is improper material exposed to high concentrations of O2. This can and does cause premature failure of o-rings, and I've seen it happen quite a bit.
So, the burst disc isn't much of a potential failure point once the tank is dived, but the o-ring is.
If you replace the o-ring at each VIP and ensure the valve is a bit past hand tight, you will never experience a tank neck o-ring failure.
Absolutely wrong. Sorry, but degredation of the material happens due to contamination and high O2. I've seen o-rings blow out on people gear, my own included. And it wasn't from blatent improper handling.
I am a proponent of doubles for another simple reason. 1st stages can and do fail. I've seen 1st stages start porting gas overboard due to o-ring failure in the DIN barrel. This can not be resolved underwater. Shutting down the post is the only option. With a manifold, all the gas in that tank is still available via the secondary regulator. A single tank with an h-valve allows the same procedure. Without the h-valve, or manifold on doubles, immediate surfacing is required unless a pony is available. This is why I dived doubles with a manifold, or single with an h-valve when diving below 60 feet. The pony became a neccessary component when diving below 60 with a single tank due to the threat of o-ring failure on the neck, or in the 1 in 10,000,000 chance a burst disc let loose at less than service pressure

. Since the single with pony was somewhat conveluted due to the size of pony truly required, the kit was easily streamlined by using doubles. Doubles became the setup of choice for dives deeper than 60 feet, regardless of RDP. Then, then only reason to sling was for decompression.