I am definitely still on the steep part of my learning curve.
One thing that I think I have learned in the last year is that I have been too reluctant to change my ISO. I have done whole dives shooting with a SS on the slow side in order to keep my ISO low. The result has been a lot of shots that looked okay when previewing on the camera screen, during the dive, but on a computer screen are easily seen as soft. I have learned that I can do a lot more with a shot that is sharp but a little noisy than I can with a shot that is soft and not (or less) noisy. So, I have resolved to be more flexible with ISO in the future and not compromise my SS so much for the sake of a low ISO.
@ReadyDiverOne: As far as the histogram and "underexposing" the background goes, I am not sure that applies at all to shooting underwater. I think the true acid test is "are you getting the color you want in the background?" If you are, then the exposure is correct. At that point, it doesn't matter what the histogram says (about your background).
Targeting a meter value of -1 might be a way to dial in a good first guess on settings, before you start shooting test shots to dial it in. But, it doesn't seem to me that the histogram or the meter values have any use after that (as far as the background goes, anyway). It's not like terrestrial shooting, where people expect the grass to be green and the sky to be blue. Underwater, background water can be whatever you want it to be (within reason, of course). I don't think there is a "correct" exposure for background water. The "correct" exposure is whatever gives you the results YOU want.
Also, regarding something you said earlier. You're shooting an RX100 at f/8, right? The Crop Factor on that camera is something like 2.7. That means shooting that camera at f/8 gives you the equivalent Depth of Field of a Full Frame camera at f/22. I suspect that is WAY, WAY more DOF than you need. The general recommendation is f/8 - f/11 - on a Full Frame camera. For you, that means shooting at f/2.8 - f/4. So, do yourself and your ISO setting a favor and open that aperture up!
One thing that I think I have learned in the last year is that I have been too reluctant to change my ISO. I have done whole dives shooting with a SS on the slow side in order to keep my ISO low. The result has been a lot of shots that looked okay when previewing on the camera screen, during the dive, but on a computer screen are easily seen as soft. I have learned that I can do a lot more with a shot that is sharp but a little noisy than I can with a shot that is soft and not (or less) noisy. So, I have resolved to be more flexible with ISO in the future and not compromise my SS so much for the sake of a low ISO.
@ReadyDiverOne: As far as the histogram and "underexposing" the background goes, I am not sure that applies at all to shooting underwater. I think the true acid test is "are you getting the color you want in the background?" If you are, then the exposure is correct. At that point, it doesn't matter what the histogram says (about your background).
Targeting a meter value of -1 might be a way to dial in a good first guess on settings, before you start shooting test shots to dial it in. But, it doesn't seem to me that the histogram or the meter values have any use after that (as far as the background goes, anyway). It's not like terrestrial shooting, where people expect the grass to be green and the sky to be blue. Underwater, background water can be whatever you want it to be (within reason, of course). I don't think there is a "correct" exposure for background water. The "correct" exposure is whatever gives you the results YOU want.
Also, regarding something you said earlier. You're shooting an RX100 at f/8, right? The Crop Factor on that camera is something like 2.7. That means shooting that camera at f/8 gives you the equivalent Depth of Field of a Full Frame camera at f/22. I suspect that is WAY, WAY more DOF than you need. The general recommendation is f/8 - f/11 - on a Full Frame camera. For you, that means shooting at f/2.8 - f/4. So, do yourself and your ISO setting a favor and open that aperture up!