Dave's question and the answers posted bring up some points I'll share.
I continually catch myself trying to explain to folks in digital seminars sensor size, lens numbers on small sensor digital cameras, cropped sensor versus full frame sensor and more in "35mm film and lens" terms. It is lost on most people today......Unless someone was a serious SLR shooter with an understanding of lenses, FOV and such. Most don't know or can't remember only recalling their 20mm wide angle was better for scenics than their 28-85mm or whatever. Or care for that matter!
I am constantly revamping my little talks to cut to the chase.......Most shooters want the bare minimum or in terms used by all my friends at Ikelite, Sunset House in Cayman, Shearwater trips, etc. "The Magic Formula"
They just want in focus, bright colorful photos......
I also agree with Jean that any attempt to build an underwater SLR with features we have and use on the simplest of dSLR cameras would not sell enough units to justify the engineering. Better to continually work on housing and flash improvements. The Nikonos RS was brick underwater, and had I think Nikon's N6006 guts which wasn't a terribly expensive set of technology. Instead of that I opted for a Nikon N8008s in an AQUATICA housing
Then migrated to N90s models and finally a trio of lower cost but spectacular N80 cameras before going digital SLR in 2002 with a Nikon D100.
Finally, if you want something small like a Nikonos III or V but with tremendous capability to compliment your dSLR it's here already. It's called a Canon G9 and produces pictures in RAW (albeit on a little sensor) that would blow most shooters away. I have a few photojournalist buddies who even shoot this puppy defying logic by hooking low priced manually set NIKON flashes to it and more......
YMMV!
dhaas
P.S. - For those who REALLY want to know why a Nikonos 15mm lens was only approximately 94 degrees (and the Nikonos 20mm equal to a land 35mm lens of 24mm focal length) it's because they had mini-domes BUILT IN and were corrected for underwater use only
Hence the legendary sharpness of the Nikonos 15mm lens as a rectilinear lens worked well (versus fisheyes we love today) was because it had a perfectly matched dome port!