I don't know which is the best reg, but I like my Atomic M1, which has the environmentally sealed first stage.
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Properly designing a first stage for use in cold water will not detract from its warm water performance at all.jpedwards:Yep, good info so far. DA AquaMaster brouht up a few good points. So what is it really that makes a reg good for cold water, and does any of that subtract from the same reg being good for our favorite tropical places? Maybe it's just me, but I'd like to hear more about the internal workings ...