I know what circular logic is. My question was just whether there's a difference between exercise underwater and exercise over water, if *exercise* is considered a potential risk in DCI.
I hope I didn't sound pithy in my use of the phrase, my intention was not to offend. You do pose an interesting conundrum here though, and the only way I can think of illustrating the difference is as follows.
During your dives you are in a near weightless environment, floating neutral in the water. You may be moving your legs with force and regularity, but that force is considerably less than what would be experienced if you were to exert yourself in the same manner out of the water on dry land. Or as String rightly points out, as you are climbing back on board the boat. At some point, if your nitrogen loading is sufficiently high enough, or you are in a dehydrated state, or your ascent was too rapid, or at times for no definable reason what so ever, you *may* experience a DCS event, while doing multiple dives and exerting yourself to a moderate or high degree. But you have stated that the one most important precautionary measure you can take, is one that you routinely follow, and that is to keep well hydrated.
Can anyone guarantee that if you follow a set of rules you will never experience a DCS event? Absolutely not. Their are documented cases with DAN that list a DCS event as an "undeserved DCS event". Simply meaning that they got bent for no reason that can be explained. They are rare, and you would have better odds of winning a lottery than experiencing an undeserved hit. The medical science on this is still growing, and may take decades before we fully understand all the inner workings that take place during a dive and subsequent surface interval. If we ever understand all if it at all. What we do know has made diving one of the safest recreational activities available, as long as we all follow the rules. (don't hold your breath, ascend slowly, keep hydrated, etc...)
I hope this answers your questions, and more importantly puts you at ease. It is highly likely that because you already take reasonably prudent steps to lessen your chances of a DCS hit, and appear to be quite level headed in this matter, that you will enjoy a lifetime of fun and exploration.