Hi Bob, you weirdo...
I think I'm going to have to give in and write an article about using the Coolpix 5000. IMO, it is the cream of the crop of the consumer digicams and a lot of people are buying it. If only my commission check from Nikon would show up...I've been looking in my mailbox every day but nothing!!!!
I am just kidding of course.
Boy, lots of questions. I'll try to answer them in an orderly fashion w/ a quote:
Sami's post implies that TTL is still available when the strobe is set at 1/8 power. It could be that the SS 200 has different controls than my DS125, (and it could equally well be that I'm misinterpreting Sami's intent) but as I understand it with mine, TTL is only available when the switch is set to TTL, and if I crank down the power to 1/2, 1/4 etc TTL control is no longer in effect and I have to deal with the exposure myself.
You got it bob. Manual is manual. I think the strobe designers do it this way. Ike please correct me if I'm wrong. When you shoot in 1/2 power, you just reduced the f-stop by 1 stops (by definition). When you shoot in 1/4 the power goes down 2 stops...
There is no "combination" of manual and TTL but there is something close: Flash +/- This let's you adjust the TTL flash by up to 2 stops on the Coolpix 5000.
I also had zero joy with using my CP50000 in fully auto mode. Naiively I hoped that I'd be able to leave the camera in P mode, leave the strobe on TTL, and everything would be cool. No such luck, and I suspect that has been many people's experience. My pics, like Sami's, were horribly overexposed. I didn't try James' suggestion of varying the speedlight power in the camera (as I figured, for what ever twisted reason, that it wouldn't have affected the external strobe) but I did try using the regular exposure compensation -- even maxed down at -2 the shots were still overexposed. James, will setting the speedlight power in that way effectively crank down the strobe output like setting the strobe to 1/2 or 1/4 yet still allowing TTL monitoring of the exposure? Will it work with us weirdos that use the TTL slave rather than a connector?
Yep, P mode isn't going to cut it. The way the camera designers think, mostly this camera is going to be used by moms taking pictures at the soccer game, or graduation or something like that. So the P mode goes for the highest shutter speed and lowest F-stop (ie biggest opening in the lens). When you fire off a flash (and when you use the slave sensor on your DS125, the camera doesn't even 'know' that you have a flash attached!!!!) at f2.8, you totally blow away your CCD. The Flash +/- isn't going to fix this. You need to learn to use your camera in Manual(M) or Aperture priority(A) mode. Then shoot in TTL and use the Flash +/- at -1.5 or -2
Too many questions, but here's another I haven't found a decent answer to elsewhere. TTL control of the flash on the CP5000 isn't really TTL, right? I used to do a lot of above-water nature photography, but haven't for some years so my concepts may be out of date, but as I understand it in an SLR TTL exposure there is usually a detector that measures light reflecting back from the film plane that judges when the flash has put out enough light. In the CP5000 this is "faked" by having the sensor beside the grip measure light from the speedlight that is reflected back from the subject. So, this light coming back from the subject will be from the entire subject area, and regardless of how I set the camera metering (average, spot, etc) it cannot know where the light that hits the sensor came from, so can't expose for the part of the frame I intended? If anyone has a good URL or source of other info on this I'd appreciate a pointer.
You're absolutely right on this one. But believe it or not (I'm not sure if I believe it) TTL doesn't even stand for "through the lens" it stands for something like thyristor thyristor logic or something like that. In any case, the CP5000 uses an external sensor (kinda like the Ike sensor, gasp!!!) to measure the light coming back to the camera. So yes, it's not measuring the reflection off the "film plane." That doesn't mean it doesn't work though - I tend to think of it as a TTL sensor that sees the whole frame.
With CP 5000 land use, there has been a lot of discussion about overexposed flash pics, mostly because the flash sensor is easily blocked by the hand holding the camera and pressing the shutter. If TTL overexposure is a common thing in a housing, is it possible refractive index losses through the housing is fouling up TTL monitoring?
This could well be the reason that most people use Flash -2.0 or so with these cameras, eh? 
My best luck with TTL, biased by a lot of what I read here, was to use aperture priority, center weight or spot metering, and to set the camera to fill-in flash. I'm not sure why fill-in gave me better results--or even if it really did (kinda hard to take good notes and I'm not finding all the information I expected to in the exif info that photoshop displays - some Q's about that in the image processing forum) - but if my perception is right can anyone explain why this should be so?
Not sure. I never used fill-in flash. My guess is that fill in flash is just regular TTL flash with like -2 stops of compensation. That is what you do when you shoot "fill flash" with an SLR.
In any case, I really hope this helps you. I took about 1/2 hr of my day to write it...
Cheers
James