I would suggest looking for either a secondhand 300D setup or a good digital compact.
I just realized that my entire earlier post was just "Ewa bashing" and that I didn't actually offer any constructive advice regarding alternatives (sorry -- I still remember the frustration of my Ewa housing's plastic being crushed against my hand and camera, rendering both totally unusable -- and when I get going on a rant, it's hard to stop!
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I agree with Alex and several others. The most logical thing to do if you want to save money (but still be able to use some of your excellent lenses) is to buy a 300D or 350D (that's the Digital Rebel and DR XT), a decent housing (Ikelite or Aquatica), and a good strobe (such as a Sea & Sea YS-90 or YS-120). The 300D and 350D are affordable enough that I don't think you need to buy used. If you price all that out and decide you can afford to spend a little more, consider doing the same thing, but with either a used 20D or (for a little more) a new 30D (same housing brand choices).
The point is that you can get some stunning underwater images with any of the four cameras I mentioned and your existing lenses (David Haas has proven that with the 300D and 350D, and many others with the 20D, and I'm sure many will with the newer 30D as it becomes more widely used).
A side benefit is that you will find any of those four cameras FAR lighter and easier to use in some situations on land than your MkII, so the investment won't be wasted in that regard, either! I'm sure you'll still choose to use the MkII whenever feasible, e.g., when you can use a tripod, but you must admit that sometimes you wish you had something for handheld photography that weighed a couple of pounds less! Those are also good cameras for your spouse or significant other (mine refuses to even TRY to use the heavy MkII!), so can be valuable for that purpose, too!
For the above reasons, I have a 20D, and I find that I use it surprisingly frequently above water, not that my other bodies wouldn't be better, but I'm not a body builder and sometimes I just don't want to have to carry a tripod; I want to be able to hand-hold a camera and big lens, and that difference in size/weight makes it possible! HTH, and good luck!