Great analysis, dogmush, especially pointing out the variable bouyancy due to changing volume of the entire craft under various pressures.
On the joystick, I wondered if the tiny resistors or potentiometers (1/4 Watt, 1/2 Watt ?) would handle any substantial load for very long. Even if used to control a fly-by-wire computer control. I could just see him hooking them up to the control motors directly... "Hey, this works great!"
(Too much theory, not enough engineering.)
I don't know how many in the world would know this tiny bit of Morse code, but if it were me, I would tap out:
taptaptap...tap...tap...tap...taptaptap repeatedly.
Yeah, I know, it's supposed to be SOS, not S O S, but if you don't have a key under your fist, that tap sequence will work.