Excellent question!Maybe someone can tell us when the hoses should be replaced?
We have been shocked by the # of High Pressure ( HP ) hoses that we have seen "leak" recently. The HP hoses passed a pressure test at less than 2000 PSI. However when tested at 3000 PSI in water, the hoses would leak out of the perforations in the external rubber cover. ( If you look very close at a HP hose, you can see the tiny holes that have been part of manufacturing the HP hose so the hose doesn't bubble then blow when there is a leak. If the leak is big enough it will still bubble. ) It is "Fun" to take your dive knife and cut a bubbled hose. I would recommend doing this procedure on the surface with as many intrigued observers as possible. The bigger the " Dive Knife " the better!
As far as I know low pressure (LP) hoses don't have these perforations.
Please note, a LP hose failure can result in a depleted cylinder faster than a HP hose.
As far as replacing hoses, I heard at sometime in the many passing years that 5 years is the magic #.
We recommend inspection & testing all hoses. If there is any question, replace. Hoses are fairly cheap.