Eh, plenty of divers wouldn't blink at the cost difference between a $1200 Ti reg and a $900 SS reg, or even between a Ti reg and a $700 brass/exotics reg like the M1. Cost aside, then, the only reason would be higher % O2 compatability and as already noted that's not an issue for back gas. Since there's no real difference between the corrosion resistance of Ti and SS, it has to come down to whether you care about ~2lbs of negative buoyancy right behind your head. I don't, but I wouldn't be surprised if someone did.
Aside from people saying it's a high cost gimmick, though, I've never heard anyone say that Ti regs are like split fins and will result in one's swift and certain demise. Is "Ti = DEATH" something in tech that I've just managed to miss?