Since only the Panasonic GH1 and Canon 5DMarkII have full manual exposure control, I thought it's time to start a new thread on how to shoot with these cameras underwater, since the old rules don't apply anymore.
With these new controls over the image, there is more flexibility in the look of the shot we want. First off, there's picture styles to control the general look of the picture.
First the editable on camera settings:
In Picture Style editor, one can control a bit of the curves, contrast and color tone to maximize dynamic range. Once you modify a picture style you like, save it onto your memory card and use it for video.
What settings? With picture styles, there are 2 camps: Big post and minimal post. With big post, getting a very flat picture with maximum dynamic range allows the best leeway to work in post. Of course it's a lot more computer work, which is why there's camp 2: getting the picture as close as possible without too much work.
Now what settings can help both camps? Let's examine that:
White Balance is more problematic. There is manual white balance but it entails taking a still shot of a white object which fills the spot meter. Then you set WB and save it and use it as a setting.
What settings to use? There are a few camps depending on who you ask. The MWB for every shot camp, which doesn't really apply with the ViDSLR because it's not a one button press action. The use a filter and stay with daylight WB camp, which works for shallower depths and also for the do it all in post camp (read on).
With AWB and filter, that works pretty well too except the 5D2 is limited to 7000k so it's a shallow water thing too. Another issue with AWB is the changes that happens when there are scene changes so there may be no consistency which makes color correction in post much more difficult.
Then there's the do it all in post camp, who shoot either in daylight WB or at a preset 7-10k custom WB (filtered and non-filtered) and color correct in post.
It all depends on the look you want and how hard you want to work for it.
Exposure is pretty straight forward. But ISO can be set to AUTO and have a range of 100-6400. So should ISO be left in manual, since DOF is not the same with a 35mm sensor as it is on 2/3" sensors? My personal take is keep shutter at 1/60 -and adjust aperture and ISO to suit the conditions. If it's that dark that noise become unbearable, you'd probably drop aperture anyhow.
This is just a cursory suggestion and hopefully this will build on discussions on how to maximize use of ViDSLR underwater.