Have you read the account of the incident in Sweden? Much colder, deco that was easily as long as these guys would have faced.Well it's for sure speculation. Speculation based off some experience doing long decos and shivering with an intact suit, 8mm hood, 400g thinsulate, and a baselayer.
I could tally up the gas totals and figure out how much time they'd have but it would be really really really cold and I would hypothesize that the deco would be wholly inadequate (due to the cold) resulting in some serious dcs. Combine that with the remoteness and it's just not going to end well.
Even wet in a Drysuits would have been warmer than the Sweden incident for the survivor.
I'm not so quick to dismiss. And while I may not be doing these long exposure dives because I haven't had to deal with a emergency that put me into that bad of a deco deficit (nor am I pushing things as much anymore) I have done lots of over 2 hour cold water deco in much colder water than Florida springs, including with wet undergarments that made it beyond miserable.