two regs purchased at the same time failing so close together is an unlikely coincidence.. there has to be a comonality between the two..
The swivels themselves are not the most common failure point on the regs.. the point I usually see failures is where the din (or yoke) connection attaches to the first stage.. This usually comes loose and gets an o-ring extrusion.. The din version fails more often because people tend to try and use the first stage to help them loosen up a stuck din fitting..
In both cases the shoulder bolt had come loose, allowing the o-ring to blow out. Consider ... two identical regs purchased at the same time from the same supplier ... decent odds they were factory assembled at roughly the same time. Zeagle had an instance of employee turnover in this department somewhre around the time these regs were built. Hmmm ....
That bolt requires a very specific torque setting to do its job correctly ... as an ex-machinist, IMHO it creates a potential failure point. Not to mention, if you need reg service off in nowhereland, how many techs are going to have that torque setting at their fingertips?