Shrugswhat does that have to do with watching your O2 pressures? hint, absolutely f*cking nothing. Your O2 running out means you bail out. Why were they not watching their ppO2 for at least 10 minutes while it went from 1.0 down to less than .15? Sorry, not buying it. I feel for you having buddy's die, but that was their fault for not watching their ppO2, not for lack of an O2 gauge.
When it leaks or runs out on ascent, (or your solenoid/battery dies, or orifice clogs up, or 1st stage spring breaks etc etc) and almost assuredly there is some other problem or distraction happening at the same time - "just bail out" is not as simple as you seem to think. Especially since your brain is barely working as you're ascending and that ppO2 drops faster and faster. Anyone teaching MOD1 without gauges is not teaching to standards.
You are playing with fire not having an O2 gauge and the capacity to monitor it during the dive, but go ahead defend it as acceptable.