Ask yourself these questions before getting a new one:
Do you trust your old regs?
Can you try a dive with them and see if they freeflow underwater?
Try to get as much dives with them to see if they do/don't before having a situation that might need them fully functional.
Try to breath underwater with them, see if they are operating as needed without a problem, if they weren't serviced in a long time, get them serviced.
Or you can save yourself the headache and get a new one, but I would still recommend you'll try it before making it your permanent alternate air source.
I have scubapro R190, it doesn't freeflow and its very easy breathing off it, so I'm happy with it.
I've read a thread here about people that pressurise their pony and keep the valve closed so there won't be even a slight chance of emptying their pony by an accidental freeflow, so I would recommend reading about it before making a decision.
Personally in an OOA situation, I'm not sure I'll be calm enough to open the valve before a total panic so I keep it open, but I guess I will re-evaluate when I get more comfortable underwater.