I agree that it sounds like 18 lbs is quite a bit. It depends on the wetsuit you're wearing. Try tossing all the neoprene you're wearing and your BC in a mesh bag, in the pool or (even better) a calm spot in saltwater, and start adding lead to the bag until it sinks. If you have a 3 mil suit, which is pretty typical for the keys, it should be under 10 lbs to sink the bag. If it's more, take out the BC and try again. Some jacket BCs are surprisingly buoyant, which is yet another reason why I think they are the poster child for the dive gear industry gone wrong.
Anyhow, you can also put on a mask and snorkel, and check your own buoyancy in a bathing suit, you should be pretty close to neutral. Then add 4 lbs to sink the empty AL80, take away 2 lbs for your reg, add that to the weight to sink your wetsuit/BC, and that should be fairly close to your true weighting needs.
Then when all of this starts to get interesting and you still can't quite figure out why you're wearing so much lead to get down, try a steel backplate with a simple webbing harness (no padding!) and you can join the club of jacket BC haters.