Well, I'm almost done with my first effort. For this version, the rounded lense is removed, and replaced with this flat lense. Longer screws hold it all together, and tap into the existing screw holes. The black ring is Delrin, with a 1/8" thick polycarbonate face plate recessed into the ring.
My first thought was to make the ring and plate both of polycarbonate and glue them together, but I opted instead for this arrangement with an o-ring seal between the two. This way, the plate could be easily replaced if it becomes badly scratched. There is a second o-ring that seals the back of the Delrin ring to the camera housing, in the same location as the seal that would normally mount the rounded lense.
Overall, the black ring is 1-1/2" in diameter, and 1/4" thick. I still need to trim the screws a tiny bit, and then I guess I'll just soak it for a while in a bucket to see if it leaks. I don't have a way to depth test it. And without the camera, I also don't know if the ring will be visible in the perimeter of the footage. I guess we will have to wait and see.
I freely admit that I am way out of my element here, as I know nothing of underwater photography. So let me know if I am way off the mark.