Via my volunteer work I dive different versions of the OTS masks 3-4 days a week, in closed and open water environments. IMHO others have covered the main issues, unless you are very sensitive to the cold, in toxic water or have buddies you want to communicate with underwater I just don't see the practicality of diving this in most rec situations, has never occurred to me to buy one in 30yrs of diving. For me the main issue are:
1. If you have a flood or a problem it is more complicated to deal with. In a total failure you need an octo and a spare mask.
2. A high volume mask and due to design does limit "range of motion" of your head. For me it is hard to "look down", at your body, when putting things on D-rings, etc....
3. Air consumption is IMHO about 25% greater, especially if you are talking to buddies. Think talking while on a treadmill.
For some situations they are perfect but would not be my first choice for standard, everyday diving.