Here's another tweak. Why bother with clipping off the long hose at all. Why not put both regs on a single necklace. Given that you will be swapping regs throughout the dive to balance gas wouldn't you want them to be as close to your mouth as possible? Clipping off is another thing to manage. Two necklaces wouldn't work - one over the the ugh - but one necklace that takes two reg mouthpieces why not?
My necklace is a bungee with one of those yellow rubber mouthpiece holder thingies that you push the mouthpiece through. Most LDS stock theme easy to fit two on one bungee ring. Easy pull out in an emergency and no clip. For reg swapping you can do it no-handed if you like.
I'm gonna have a play with that in the shallows this weekend but in the interim why is this a *bad* idea