I use the Odin as my back up. I have various thoughts on the reg. First, there are many highly respected extreme divers that won't touch the Odins (WKPP). This back up reg is the only serious deviation I have against die hard DIRer's. If, however, I was diving in hot 60F water, I wouldn't even consider the Odin. Second, I have several commercial diver freinds who swear by them for cold water diving (hundreds of hours in less than 35F water). Third, mine has never froze up.
In all honesty, I can't stand the reg other than it will not freeze up. I hate the mouth piece and exhaust bubbles in my face. I don't like the high cost of parts. That being said, if my Zeagle freezes (which it does around 35F), I know I have an awesome cold water back up under my chin.
One last thing about the class rating of regs. I put virtually no weight on a class A reg other than it will probably breath good. My Zeagle T50D is rated as a cold water reg at 55F water. Oooohh, I wish I such balmy water to dive in. I've heard of and seen so many class A regs freeze up it ain't funny. The only exception is the Odin (and Cyclone too). Another good cold water reg I hear is the old US Diver's Conshelf with the metal case. There needs to be another realistic cold water rating of around 32F.
Good luck,
Mike