ew1usnr once bubbled...
I don't understand the Sherwood Tech's comment "And with the exception of a very few 1st stages on the market, they BOTH allow water inside them in order to balance for the increased pressure on the unit at depth."
On a diaphragm reg, water will get "inside" as far as the outer surface of the diaphram. To me, that's still the outside. What's on inside of the diaphragm is the inside of the regulator. The diaphragm seals the outside away from the inside. On a piston regulator, water comes in contact with the metal (usually brass) cylinder walls that the piston slides up and down against, as well as the top of the piston.
You are correct, and I apologize for not being a bit more clear in my answer. Water enters both regs in as far as either the surface of the piston, or the surface of the diaphragm.
Where the water hits is very close to the same in both systems, with the exception of a very small surface inside the body or cap of the piston designed reg. Either way water, be it dirty, cold, yucky or chlorinated never hits any of your air supply. I know nobody claimed that... just tossing that in as I overheard a local sales person say that recently.
Over all, in servicing of regs, I've never found one to be any cleaner than another when I take them apart for service. On an average, each needs to be cleaned and is in about the same shape by the time the consumer gets them serviced. It's all in how well we take care of our toys, for the most part.