Respectively disagree... I'm all for testing what I'm dosing but more importantly is testing the affect the dosing has on my parameters. I know the dosing affects ORP so I would want to see any overall reduced level trend or increasingly prolonged reductions. As for pH why would you not expect an increased level to result in a lowered pH? Saltwater has a limited capacity to hold O2 so what other concern would O2 pose at saturation in a reef tank?
You should just do it to prove your hypothesis. Unless your fish load is excessive, I see no reason to expect lower pH with increase of oxygen.