Which, being the budget option, has a failure scenario: When low oxygen occurs without high CO2, people feel fine... until it's too late and they fall over, unconscious.
This can occur in enclosed spaces like caves where some other gas-mix has excluded the oxygen, or when someone hyperventilates before holding their breath.
> This chemoreceptor patent-proposal is kicking my ass. Hundley won't let me down until it's done. Hardly worth filing for, in my opinion. Who wants to smell the difference between xenon and radon?
-- Complaining Versalife employee, Deus Ex (2000)