Several points...
1. Not sure how pH stability being natural or desirable is dogma. As one of the most prolific reef chemistry writers, I'd have to think that if I have stated things hundreds of times, one cannot really say that "dogma" is the opposite of what I claim.
I have literally posted hundreds of times over many years in articles and threads exactly the opposite: the size of the swing doesn't concern me, it's the low pH end of things that concerns me.
"With that all said, however, I do not believe that the actual change in pH each day is particularly important. I won’t go into the reasoning behind this claim here, other than stating that it is my opinion, based on my understanding of how most organisms control their internal pH, but I do not believe that diurnal pH changes that stay within the range of pH 7.8 to 8.5 are particularly stressful to most reef organisms. "
by Randy Holmes-Farley For many aquarists, pH is not something that they have much experience with aside from their aquarium. For many, pH is almost a black box measurement: something to be considered, but whose physical meaning makes little sense to them. This article will Read more here...
www.reefedition.com
2. The natural swing in the ocean has also been stated by me hundreds of times:
pH
The pH of seawater is typically stated to be 8.2 ± 0.1, but it can vary as photosynthesis consumes carbon dioxide locally and as respiration produces it. It also varies by latitude and is often lower where there is upwelling. It is also a function of depth for a variety of reasons, including photosynthesis near the surface, decomposition of organics in the mid-depths (dropping pH to as low as 7.5 by 1000 meters), and dissolution of calcium carbonate in very deep water (raising the pH back up to around 8).
In closed lagoons, the pH can cycle from day to night just as in a reef aquarium, rising several tenths of a pH unit during the day. In special circumstances, seawater can be much lower in pH. Seawater in mangroves where highly reducing sediments are present can reduce the pH to below 7.0. In the open ocean, where there is a much larger volume of water containing buffers, the pH fluctuates little. As humans have added carbon dioxide to the atmosphere, more carbon dioxide has also been added to the oceans, with a consequent drop in pH. This is one of the impacts humans have had on the oceans that concerns ecologists in terms of its impact on calcifying organisms, especially on coral reefs but also on other systems involving such organisms as foraminiferans, which have calcareous skeletons and which are important links in many marine food webs.
3. The graph you posted above does show lower calcification at lower pH, doesn't it? Most data also does. That is the basis for my concern about pH going below 7.8