There is no sense in having a fancy primary and a crappy octo. The octo should be at least as good as the primary, and IMHO should ideally be identical, so that you only need need 1 set of spare parts in the save-a-trip kit.
Have a look at the Deep6 regs, which run only $150 each. Deep6 makes really nice regs, I personally own 5 of them for different configurations. They have all worked perfectly, every single time, I have zero complaints. And because they're all identical, I can simply pack an extra 1st stage, 2nd stage, hose instead of bringing parts on a dive trip, which ensures that any failure will affect at most 1 dive. Heck, you might even consider selling your T3 and buy a pair of them, and putting the savings toward a dive trip.
Have a look at the Deep6 regs, which run only $150 each. Deep6 makes really nice regs, I personally own 5 of them for different configurations. They have all worked perfectly, every single time, I have zero complaints. And because they're all identical, I can simply pack an extra 1st stage, 2nd stage, hose instead of bringing parts on a dive trip, which ensures that any failure will affect at most 1 dive. Heck, you might even consider selling your T3 and buy a pair of them, and putting the savings toward a dive trip.