The design is complicated, the hoses have extra parts built in and are stupid expensive ($100 for a 7' hose!!!), they are potentially impossible to switch second stages underwater, you can't open the second stages underwater in order to clear any potential clogs, and servicing is complex. Some people claim that because they are an 'upstream' design, they have the potential to fail in the "closed" position in the event of a first stage failure, but apparently this is incorrect.NYCDVR:Ok I'll bite Why aren't poseidan regs DIR?
These might not be big deals to you, and that's OK, but they're not the *best* regulator for technical diving.