I am no expert on valves, but my course director explained to me, that in order to be opened fully, you need to have what is called a "back seated" valve, which scuba valves are not. My understanding (and I am not fully confident in writing this, but just wish to open up the conversation for those with a background in mechanical engineering) is that water will seep in slowly when opened "too far", shortening the valve's life. However, when tec diving, the importance of turning off a valve in the case of a free flow situation trumps the lifespan of the valve. Yet, I would almost argue, that with all the screw ups that happen, the valve should be fully on. I know that when I am on vacation and boat dive, I do turn the valve on completely.