Thanks for your comments. I am still a little confused. Herbko suggests setting the f-stop and strobe output, and then slect the shutter speed; review the results and re-adjust the shutter speed and strobe output based on results produced. However Critter suggests selecting a shutter speed and the bracketing with the f-stop. So, any recommendation over the other?
In the Canon 300D you need to press Av button while you turn the dial to select the f-stop. Just turning the dial adjusts the shutter speed. To press the Av button with the Aquatica housing you need to screw in the control, so it is not as easy or quick as said. Herbko, since you have the same camera and housing, don't you think it would be easier to select the a shutter speed and then leave the screw in, so the dial adjusts the f-stop (similar to what Critter mentions)? Do you usually "bracket the shutter speed" instead of the f-stop?
One more question, with the Z200, do you usually use any (which) of the difussers?
Thanks again
The easy question first

. I always use the 0.5 stop diffuser, except when I use the "Craig Jones" color fiters on the strobes. Don't worry about the color filters at this point, just use the 0.5 stop diffuser.
Which of the three, shutter speed, aperture, or strobe power I vary depends on the subject. The outline I wrote earlier is just the simple version to get you started.
For macro shots, where I need small aperture for good DOF, I'll set the aperture to between F/16 and F/22 and shutter to 1/200 and only vary the strobe power.
For wideangle shots, like large fans or soft coral, with a bright background (sometimes including the sun), I'll turn the shutter all the way up to the max speed of 1/320, and start with a aperture of around F/8 and strobe on full power and tweek the aperture. Here, I place a higher emphasis on getting the background right and will settle for a slightly underexpose foreground if I have to.
There are different strategies for other situations...