I've never used one...
...but I'd be a little bit worried about the increased task loading. You're taking a very stressful situation and adding even more additional stress. You're putting yourself in a situation where you're having to breathe off of a device which works differently than any other regulator, plus you're still having to control your buoyancy and ascend safely. The one thing an OOA diver does NOT want to do is take a working regulator out of their mouth. It seems that unless you're going to exhale out of your nose (which may fog up your mask and cause it to leak), that the only way to exhale using this device is to take it out of your mouth. Plus, it seems that for you to be able to reach the mouthpiece, you've got to hold the bottle in your hand, which creates even more task loading (and if you dropped it...oops!)
Another thing to consider, is that a lot of divers carry a pony bottle so they can hand it off to an OOA buddy, instead of having the buddy breathe of their octo. If you're using the device mentioned, you won't be able to hand it off to an OOA buddy, because said buddy is going to be completely unfamiliar with the device and may panic when faced with having to breathe off it.
At the very least, if you're going to use it, make sure to practice with it frequently, to where breathing off it requires no thought at all.