Hi,
After your backup is complete it will show on the volumes (ism_show -volumes) that they are 100% full, it means that they are 100% full of your backup, not that there is no more space on disk.
What ism_watch is trying to tell you when its asking to mount another volume is the need for a tape device to create the bootstrap. To solve this problem go into $INFORMIXDIR/etc and edit the onbar file (which is a normal shell), search for the line that contains:
${INFORMIXDIR}/bin/ism_catalog -create_bootstrap -pool ISMData > /dev/null 2>&1
and substitute the ISMData pool to ISMDiskData
${INFORMIXDIR}/bin/ism_catalog -create_bootstrap -pool ISMDiskData > /dev/null 2>&1
its onbars default to save the bootsrap to the ISMData pool, you just have to tell it otherwise. That should solve your problem and the process will not wait anymore for you to mount any more volumes.
Hope this helps
Luis Torres