I wonder if an extremely low N and P (which we measure) reflect extremely low levels of other 'nutrients'/organics that also benefit certain corals.
Probably, right? However, in order to even know we would have to establish a baseline with NSW and then find a way to test. Probably not happening, unfortunately. It seems that we might have to just use N and P as a bellwether for all, which seems to work out Ok for most.
Adding organic carbon for coral benefit was once thought to be a value-add over NSW, but it did not really work out that way with most single cell stuff getting most of it and the light still supplying the corals with carbon through the zoox. This was the hot-take husbandry fad a decade ago like adding N and P is today.
FWIW, I do not consider NSW levels low... just "normal" for where these things come from. Using organic carbon, GFO, LC, etc. to go below this is what I consider low, or what some people call ULNS. After all, the ocean is the only place that these things lived in until half a century ago, and this is the environment that they thrived to live in. I do know that we do not replicate the ocean very much in our little, but doing it where we can does seem to work pretty well.
NSW parameters can be found here:
http://reefkeeping.com/issues/2004-05/rhf/