This post is anecdotal and bound to offend AI purists. Please accept my apologies in advance, but I am who I am and do what I do because of the experiences that I have lived.
I've had a Garmin T2 transmitter stop sending pressure to a Mk3i in the middle of a deep quarry dive, but I had an SPG clipped to my left hip so I knew I had plenty of gas to turn the dive and head back in a lesuirely manner without needing to make an ascent and a longish surface swim. Replacing the battery and attempting to reconnect it did nothing, Garmin replaced the transmitter under warranty, and the replacement has worked perfectly fine since.
I've had a Shearwater Swift stop communicating with a Perdix 2 during a SI on a wreck diving weekend. I "deleted it" by writing over the serial number with zeros, replaced both batteries, put the serial number back into the computer multiple times, updated perdix firmware, etc. I did the final dive that day without AI since I had an SPG clipped off to my left hip, and the only issue was the swift showing no connection. Back at the hotel that night I put the same serial number I had typed in a dozen times and had dive buddies proof into the T2 slot instead of the T1 slot and it started recieving pressure again. I blanked out the T2 slot I put it back in the T1 slot and it has worked for months now ever since, and I haven't bothered Shearwater with it because its been 100% reliable over dozens and dozens of dives since.
I'm not going to leave my SPG in the truck, back at the hotel, or in my boat crate because on two occasions it has been far more useful clipped to my hip. So why don't I just skip the transmitters on my rec and tec regs entirely? I like the data, and I like seeing an accurate SAC calculation for different dive conditions. Multiple failure points? Please. If I didn't consider either AI transmitters or HP Hoses and SPGs to be relatively safe I wouldnt be using either of them and neither would you.