James and all,
This is a good discussion so here goes.......
Mike, I bet I can keep rapid firing at a moving critter with my -.5 - 1.0 EV dialed in not having to adjust ANY control faster than any shooter can reach up to ANY housing screwing around changing settings. All while the fish, ray, dive buddy, etc. swims off.....I'm not bracketing, just relying on the camera and strobe(s) to "talk" and manage light output.....
The whole idea of TTL is to free up constantly changing settings......Not to mindlessly rely on an "ALL AUTO" setting like putting a dSLR on the green box "dummy" mode. Allowing a quicker method of controlling light from a strobe through under or over exposure to create a photo's mood. I have learned what range f-stops work well for what distances and this frees me from missing shots as described. I certainly don't think my technique is perfect, or I'm special as shooter. I just have practiced with these systems a bit more and try and share how they can be used to a photographer's advantage in real world UW shooting 
James, I believe my post said yes, Ikelite's eTTL2 and iTTL work with ikelite DS strobes only. I find it hilarious that all the posters who dismissed TTL now think TTL offered in a package for any housing MUST be great! Versus the fact that ikelite has incorporated TTL in more camera brands / models than anyone. But yeah, you have to use their brand strobes. Isn't that great! 
I also stated Nikon cameras as you mention impose a "range" of TTL shutter speeds automatically in "A" mode with a TTL flash connected and fired up. It doesn't surprise me that you can now throw that limitation out the window through a menu choice. But I'll bet a beer that anyone screwing around with the myriad of menu choices on their D200 will create many "slow shutter" speed shots they didn't intend before they figure out why the camera is doing this. After the shooter "TOLD" their camera to do this 
Light drops fast UW where a camera in "A" mode at f8 or smaller is going to pick a dangerously slow shutter speed. Which is fine if that's the effect you're after. But I'd bet another beer most shooters are trying to just get into position for a good angle and pull the trigger while praying they selected the correct f-stop 
James, I haven't heard about DS200 TTL problems. Who/ where is having exposure problems on iTTL or eTTL2? Maybe I can help them out (????)
I am 99% sure the Ikelite TTL is more accurate than "within a stop" that was posted somewhere recently about Heinrich's LATEST version of his convertor. (On DDN, maybe, can't remember...) I'm not picking on Heinrich's convertor or his engineering efforts. He has revised it to the point where it looks promising. I just get tired of hearing that he has invented something "NEW" and INNOVATIVE' when it aint'.
Maybe Roger from Ikelite as you state will chime in on how tight his expsoure are for eTTL2 and iTTL accuracy....
All I know is from selling dozens of iTTL and eTTL housings that it works and has been working for many shooters when they are willing to learn how to use it. Plus for me and I like to think I'm a pretty demanding customer, too 
As always, YOUR MILEAGE MAY VARY 
dhaas