I know this is an old thread, but I thought I would add to the knowledge library here. We also have the SeaElite Covert regs and the Scout octopuses. One of us has the SeaElite Scout BCD, and one has the Edge Element (confirmed same BCD as the Scout, except a couple more steel D-rings and has the metal latch tank strap). We have been very happy with all of our gear.
Now, we are near the maintenance time for our regulators. Divers Supply will provide all parts needed for free, and only charges for service ($63.45 currently, for 1st, 2nd and Octo; $44.95 for just 1st and 2nd). In asking questions, I did get Divers Supply to confirm that the SeaElite Covert is basically the same regulator as the Hog D2 Classic 2.0. Hope some find this helpful.