Hi Stokes,
There are numerous threads relating to "split fins" floating (no pun intended) around the board. Try a search, and you'll see that there is a wide range of opinions on split fins-ranging from "the best thing ever for divers" to "pure unadulterated hype/BS-worthless", and everything in between.
Some of the "lowered air consumption" advocates seem to feel that the reduced air usage is a result of the lower effort needed to propel yourself when using split fins. Others disagree. I think the results, like these opinions, will vary with individual experience.
My experience: when I got my split fins (Scuba Pro black), I did not notice a significant reduction in my air consumption, compared to my USD Blades. What I did notice was a significant decrease in leg fatigue the day after a 4-dive day. That is very important to me on a trip consisting of a series of 4-dive days.
If you do have a significant reduction in air consumption, get the fins!!
Good luck,
Mike