Interesting answers.
I can see the thread has quickly diverted from the original topic toward the mantra seen in other threads "As-you-should-never-find-yourself-in-that-situation-so-there-is-no-need-to-discuss-what-could-happen" which is of course right, nice and fine, but it is also a kind of moot point given the context.
By following the same principle, then a diver does not need to know, much less practice, CESA just to make another classic example.
As the diver is equipped with a computer that monitors depth, dive time, air usage, heartbeat and tank level, has double regulators (maybe triple since there is also a pony), analog backup instruments (depth and pressure gauges), a watch, tables, electrical and chemical lights, a noise source, a deployable buoy and a reel, and of course knows how to compute rock bottom time and, last but not least, has a trusty buddy so NEVER EVER will run out of air. What's the point of knowing how to make a CESA then?
I fully accept the concept behind this way of thinking, since I always dive with most (probably all) the paraphernalia described above because I think those tools and knowledge are going to help either myself or someone else one day, but at the same time, I do not believe I rule the universe and I can avoid always every possible conceivable problem.
The question about using air from the BCD was exactly a "what if" question. IF (not WHEN) I will ever need to resurface from 100 feet without air, I bet I will have to decide pretty quickly whether a) I can hold the breath for 3 minutes and ascend at 30 feet per minute or b) I can work out something using the air from the BCD or just c) dump the weights and skyrocket up the hell with DCS
It seems anyway the air can be used (possibly reused) and of course, as someone soundly pointed out, that air is better compared to water
DareDevil