I look at a pony bottle on a regular dive as just a fail safe in case your main system has a sudden and complete failure. If you carry a pony in case you run your primary cylinder(s) dry then you should give up diving as you are unable to pay attention and dive safely as there is no excuse for simply running out of air.
Additionally, having a sudden failure of your primary system at depth could create a chain of events that could have a catastrophic outcome that may have been easily managed with an independent second air source. I would rather self-rescue in this type of scenario. With that said, you need to weigh the probability of your main system having a complete failure that would necessitate the need for a pony. Even though the chances are very low, some folks decide to further manage the possibility and carry a pony.
Hi DAj,
Some good points, do you think your scenario could be mitigated by the use of back or side mounted doubles?
Side-note: I do not believe the use of doubles is technical or advanced and can be used just fine if taught correctly in a recreational setup. IMHO, they are the better option to a pony bottle.