Des i haven't heard of hisen/hysen but i'll keep a look out for similar sounding names when i look over a few products. I actually think i need a bacteriacide more than a fungacide, because fungi can't grow in water can they? Certainly i've never had a root rot in water.
My theory is that roots that grow into water don't develop velamen like normal 'dry' roots. You can see how bright green and smooth these kinds of roots are, as if they are one entire 'growing tip'. As a result they are better able to absorb O from the H2O and don't need air for their oxygen needs. It might be just that they are getting oxygen from the air in roots that are above the water line, or it might be that the occasional algal growth in the reservoir oxygenates the water. Whatever it is, my Phals respond well to it, and because flasklings are basically born swimming in a wet jelly, they adapt very well into damp perlite.
I had to look up "nutrient drawdown"
but yes it could be that, or it could be that i never fertilise them and all they get is "the hose" twice a week. I really don't look after my non-Phal orchids very well once they go outside..
Pamela coarse perlite just wicks the 'right' amount of water no matter what you do. The really small grainy half crushed stuff you can get might wick too much water, but the coarse stuff (the size of peas or large thick grains of rice) is just right.
I refill the 'saucer' (i use a large reservoir for a large batch of seedlings) whenever it's looking low, or failing that, whenever it runs out. Ideally you don't want the reservoir to go dry, you keep it constantly wet.
Edit: I added some new pics (the previous ones were about 3 months old). I was blown away to see how much root growth these things have pushed out completely underwater... The first two pics are of a root that escaped and grew into the reservoir. You can see what i mean about the lack of velamen. The next pic you can see roots growing under the water line. The following pics you can see all the new roots growth busting out underwater (and translating into leaf growth). These plants were deflasked about 6 months ago.