Don: I think Norm Meck has been on the right track in getting us away from the limited view that nitrates and sunlight get all the blame and that controlling them gives a remedy. His kitchen laboratory has produced results consistent with the results of "real scientists". There are times when the barley straw tactic works. He is explaining how that can be. Sometimes it does not work, or does not work so well. We need other explanations for that.
As for the aeromonas/pseudomonas hunch.... there are a lot of species within these genera. Not all of the species attack fish wounds, at least not in quantity. (And, we should distinguish between internal bacterial infections and external ones.) So, even if the bacteria decomposing algal cell walls is in the genus aeromonas, I'd not assume that it is the same aeromonas that causes ulcers in koi. I've not read up on it, so I can't say. But, koizyme is supposed to work by creating competitive exclusion. That is, the bacteria released consume the same foodstuffs as the aeromonas, causing the aeromonas population to fall. It would seem that the products of decomposition would be the same. That is, the poison released by decomposition would still be released.
That said, I had a period of greenish water this summer. It was never pea soup, but definitely greenish. It lasted about 3 weeks. I had a year+ old bottle of koizyme in the refrigerator. Rather than keep it any longer, I went ahead and used it. That was about 2 weeks, maybe 3, before the greening arrived. I didn't make a record of it, so I'm not sure. It does not seem rational to me that one contributed to the other. But, I guess there could have been a connection. If the koizyme competitively displaced all forms of aeromonas, and then died out (which it does...that's why it has to be added repeatedly), perhaps it took a couple of weeks for the aeromonas population to rebound. In the interim, some green water. It's a theory. Maybe someone else can come up with a protocol for an experiment?
BTW, old timers will tell you that one of the best ways to cure a fish with a bacterial infection is to place it green water. Want to venture a guess about that?