The carbon doser is a $20 regulator wrapped in $280 worth of electronics. The problem with single stage regulators is that when co2 tank pressure gets low they can dump the rest of co2 in the tank. This is called an end of tank dump. I have had this happen before on my planted tank with a cheap regulator and needless to say lost all my fish in about 5 minutes.
Dual stage regulators do not have this issue and you can run until the co2 tank reads 0 psi if you wish. Then there's the whole electronics thing. Electronics can and will fail whereas a good quality mechanical valve not so much.
As for regulator setup there are lots of great regulators on ebay which can be had for cheap. I am talking $600+ units when brand new for ~$50-100. I have 3 regulators. My main production unit right now is a Victor VTS-253B with a burkert solenoid and fabco needle valve. I pieced that unit together for $200 all in. I have had it for years first on my planted tank and now on my carx. Bubble count stays constant even as the pressure on the co2 tank drops quite low.
This is my setup.
And my backups/2nd tank. I actually paid less than $50 for each of these.
I helped
@Rob's Reef with a regulator build with that same Airgas Y12-215d. Maybe he can chime in on how it went. I think all in it cost him less than $200.