I never did a photo class, but I think I know where I am talking about, have been to the world championships underwaterphotography.
Yes, that setting is the best. It has the maximum distance (from narrow distance to infinity) to use it, but the biggest chance for shunting. The 0.4 is for underwater not a good setting, often you are closer. The 0.19-0.4 gives you less shunting, but sometimes you are out of that range, expecially when taking fishportraits.
The 30mm has the biggest magnification, a 1.25, the 60 only 1. The workingdistance with the 30mm can be small/short, but and that is what you will like with the 30mm, in most cases, you don't need a wet diopter. If you want to use a wet diopter (I have +10 and +15), the 45mm or the 60 will probably work better as your working distance is better. With the 30mm it will be close to 0. But I also have some great fisheggs done with the 30mm and a +10 diopter. The +15 is for all macro not my favorite.
What is written above that the 60mm works better on the em1-mk2 than the em5 mk2, I agree with that. I have also both cameras. But I don't lie to tell that I can take as good pictures with the em5 than with the em1. The om1 has more focuspoints which is good for macro, and is a little bit faster in general, but at the end I get the same pictures.
My next camera will probably be one of the OM5 line. The reason? Smaller, lighter, so better for travel and the housings are cheaper. But I hope this will take a lot of years, I am still happy with the 2 I have and they costs a lot of money. For travelling I always take my EM5, not the EM1.
Underwaterphotography has an endless bottom with costs sadly.