I'll give an example using alcohol and piloting. A while back, a flying magazine and two of their very senior columnists with buttloads of experience decided to do an experiment.
These two very skillful pilots would fly an approach in a corporate jet simulator, while being recorded for adhearance to the profile and standard opperating procedure. This would be considered a complex operation. Then they would do a shot of whiskey or whatever. 15 minutes or so later, they would repeat the exercise, and they would be recorded again under the influence. This went on until approach after approach, shot after shot, until they couldn't go on anymore due to severe impairment.
The magazine decided not to publish the results, because they thought it might lead to all pilots thinking they could do as well.
Here's the catch. These guys were well trained, well experienced, and well equipped to fly the approach in this aircraft type's simulator. While they were impaired, at points in the experiment, severly, they did quite well. Now take a couple of pilot's with less experience under their belts, and they probably would have crashed the plane at some point far sooner than these two. Would they be any more or less drunk? No. They just wouldn't be able to overcome the effects as easily as the two experienced guys.
Moral of the story. Everyone is affected by Nitrogen Narcosis. The more experience you have, the better you are equipped to deal with it. You'd probably not complain of the effects as quickly as someone else, even though they are there. Some is mind over matter, concentration, and being preprogrammed to cope. Being comfortable and in control prior to the onset of NN is a big must.
Repetative dives don't reduce NN, they just give you more experience to cope with the effects.
Hope that helps.