I can respond to a few of the questions raised in this thread about Zeagle, Apeks, and Poseidon, since I have worked for the distributors and/ or the companies themselves and at one time or another taught the factory sponsored repair classes for all of them. They are all great regulators, just a little different from one another.
Poseidon and Free-flow:
Poseidon, with the Cyklon in the 50's and the Odin/ Jeststream in the 80's was responsible for real breakthroughs in regulator design. In the early to mid 80's there were almost no other regulators in the same performance class as the Odin. Today there are a lot of very good performing regulators, and the cost of parts, difficult maintenance (hard to find qualified service people who have the special tools needed), and the fact that (in the US) they have not had stable distribution has caused them to lose favor. The Odin 2nd stage is a servo actuated valve which is very sensitive, and in shallow water it can tend to "throw" air at you. Some people like this, others feel like it's trying to blow their tonsils through the back of their throat. It comes down to personal preference. If the desensitizing switch is used I don't think the Odin has any great tendency to free-flow on the surface, but if it does free-flow it can look like an underwater volcano is erupting. It can move a lot of air.
Apeks and Zeagle- are they the same?
Zeagle was, for many years, the US distributor of Apeks regulators. Apeks also sold some Zeagle manufactured BC's (as did Poseidon), though Zeagle did not make all the Apeks BC's. When Air Liquide, (the parent of Aqua Lung) purchased the Apeks factory it was announced that SeaQuest would begin distributing the Apeks regulators. It seemed unlikely that the distribution agreement with Zeagle would be renewed, so some improvements to the Apeks line that Zeagle had been working on became instead a development project for a new set of regulators. Since 2000, the Zeagle regulators have been made by Zeagle, not Apeks.
These are completely new designs and they DO NOT have interchangeable parts. Zeagle closed out the remaining Apeks manufactured regulators, so there was some overlap when both were being sold, but the Zeagle manufactured 2nd stages were smaller and had a flexible purge cover, the Apeks 2nd stages were larger with a hard purge cover and a spring loaded button. The other obvious difference is that most of the environmentally sealed Zeagle regulators use a plastic cap to retain the sealing diaphragm, while on the Apeks it is metal. This was done as a thermal break, since under some extreme environments ice could actually form completely around the diaphragm end of the regulator, eliminating it's ability to sense pressure changes, with obvious dire consequences! Ice won't form on the plastic.
There are a lot of external similarities between the Zeagle regs and the Apeks, but internally the Zeagle first stage is a lot closer to the Poseidon. Apeks (as do most regulators) uses a flat HP seat with a sharp orifice to form the HP valve. Zeagle and Poseidon both use a donut shaped HP seat with a hole for the gas to flow through, which is sealed by a cone. It's like the difference between a faucet washer and a needle valve. The latter has advantages in that there is no sharp edge biting into the seating surface (so seats last longer with less wear), and it does a smoother job of "regulating" airflow. It is, however, more difficult to manufacture and requires tighter tolerances for the seating surface. The reasons for choosing this design are 1) reliability and longer seat life 2) greater smoothness over a wide range of breathing rates.
As far as the pros and cons go, Pimbura above said " Many fine points of argument may be made from many perspectives and all will have validity. However, these are (for the most part) an intellectual exercise, as any of these regulators when operating properly and in good condition is more than adequate to depths far beyond reason." Well said.
RonR