So for what it's worth, my buddy's physician told him the only reason to not dive is hearing loss. My buddy's right ear has pretty bad hearing, and his physician told him to not dive because diving has an inherent risk of hearing loss, and as he's down to one good ear he'd better not chance it.
DAN said that the risk of hearing loss, subsequent permanent damage, failure to equalize, etc was all minimal. He said the only real concern would be succumbing to a bout of vertigo while underwater.
So, I know that that's not a great quantity of information to go on....but I think it's enough to make an informed decision about whether or not to take the risk for the occasional dive. Thanks for the help, guys.