Several have answered the direct question, however - the object of the experiment as described was to harvest coral at that depth to grow in shallows, so as to support a theory that dead shallow reefs can be repopulated by corals below. They were after the same kind, not a different kind.
Personally, I think the Ice Age connection leaks. Yes, the world's oceans have fallen and risen during intense Glacial periods, as evidenced by the stalactites at 150 ft in Belize's Blue Hole, and yes coral reefs exposed then died to be repopulated later. However the fall in ocean depths then was slow enough that coral populations on shallow reefs simply populated deeper on the submerged rocks as the water level dropped over the years. When the water finally rose slowly, the reverse migration of the population occurred.
I did not understand his theory either. I spent a summer as a geologist back ago in the Bahamas studying modern coral reefs as historical analogs. The Bahamas Banks have been exposed numerous times. The Flower Gardens Banks are another with an unusual history or perhaps not so unusual.
As a geologist and a one time working geologist, when we use "slow" or "fast" in a geological sense it is not the same usage as that of a lay person's meaning. Yep, the climate is changing, has been doing so for just over 4.5 Billion years with a B.
I would love to dive the Great Permian Reef:
http://www.eos.ubc.ca/resources/slidesets/guad/slidefiles/guadc0.html
When I get my time machine finished, that would be a dive to top them all. I spent a lot of time on the Permian outcrops, it was a wonder.
N