FRC/empty: two very different things, at least for me.
Azrael, can't blame you for being confused. There is a lot of confusion/misinformation, etc out there about "exhale" diving. I'll try to explain.
Empty, all the way out: A good way to kick in your dive reflex fast at the start of a dive session when combined with very shallow, short dives. Also a good way to invite a blackout or squeeze if you do it wrong. I suspect that most of the bad experiences with exhale diving occurred when divers, particularly those who have not explored exhale diving carefully, pushed things. My personal experience with "empties" is that they get very uncomfortable very fast.
FRC, half lung, or similar is quite different and, as far as I know, is very safe from B0 when combined with a diving pattern that makes the first part of the dive basically a static. That is what I do. It carries a risk of squeeze if you are too aggressive about going deeper too soon (all too personal experience).
Some explanation of the physiology shows why FRC type exhale diving works. My pardon to Seb if this isn't quite perfect. With roughly half a lungful, you experience much less buoyancy variation when going up and down. Negative buoyancy comes shallower and the rest of the descent should be a slow drift. This gives time for your dive reflex to set in, aided by small lung volume and less space to store c02. The body goes into 02 conservation mode much faster, descent takes less 02 and creates less c02. After a minute+, reflex is strong, blood and 02 are concentrated in the core, available to the brain, but much less so to the muscles. Now you can exercise, swim, fight a fish, etc. The brain stays highly oxygenated, so its safer, co2 doesn't get to the core as quickly or in as high a concentration, so its more comfortable. In summary, FRC diving is more energetically efficient and more physiologically efficient. You burn less 02 for the same dive time and the 02 you have is concentrated in the core/brain.
Hope that is not too incoherent.
Connor