Even if a diver does run a bit short, he or she can still safely make it to the surface on that last breath, which can easily last a minute or more. I know I can hold a breath and swim the complete length of a 40' inground pool underwater and back again- without surfacing. I can surely make it to the surface even if I deplete my air supply before I completely get there, I'm not just going to take a last breath in say, 20-30' and think "I'm a goner.. and I was sooooo close".
What do you mean by "make it safely to the surface"...? Do you think that the safety stop and a slow ascent is of no benefit? Not being facetious, but if there is no reason for doing it, then why do we do it?
And if there is a reason for doing a safety stop and a slow ascent, why would you put together a gear configuration and dive plan that wouldn't let you do that in an emergency?
Do you see my point? I can sort of see the argument for no redundancy on dives with no physical or virtual overhead - you basically have decided that you will just CESA if you have a catastrophic gas failure. Even though there is a risk of DCI, the chance of needing to do that is so remote that you decide not to bother with the expense and annual maintenance of a redundant gas supply of any kind.
On the other hand, buying a Spare Air means that you DO want to have more safety than just relying on CESA, and that you DO feel that the chance of being OOG is not insignificant. But now you have the worst of both worlds. You have the cost and yearly maintenance of an alternative gas supply, but you went out of your way to choose one that MIGHT be able to get you to the surface if you blow off the safety stop and just CESA for the last 20 feet anyway.