I agree with your second post, as well as Tank's, it seems to be close to the Oxynoe antillarum. Mine doesn't have hair on it like those pictures, but is smoother.
There's several Oxynoe species, e.g. this unidentified one collected in a Brazilian reef tank:
http://www.seaslugforum.net/oxynsp1.htm
And it seems the species are quite varied in shape and coloration too.
Between the body and the tail, there is a hole, and you can see right through it! The tail looks almost like tails on a tux, if that makes any sense.
I'm not sure quite what you've seen, but there's folds covering the shell (Oxynoe has a reduced transparent shell, whereas Elysia completely lacks shell). Possibly you're seeing those folds.
Last night, my refugium turned pure green (looked like a bottle of DTs) and my display tank was the same color. As we know, caulerpa takes up nitrates, but I'm wondering what happens when the green liquid bleeds out into the water column, does the nitrate rise again? Huge globules of green leaked out of several portions of the plant, and now I have quite a bit of clear/white plant that will likely dissolve today. What a mess!
I don't think the snails is the culprit - it sounds like if your Caulerpa has gone through sexual reproduction. The snail might have hastened the process, but it would have happened anyway. Caulerpa reproduces sexually when it reaches a certain size.
And yes, this means that a lot of organic material, with quite a bit of nitrate, has been released into your aquarium.
By any chance, was that leaking green fluid beneficial to something else in the tank? Mushrooms, Leather coral, SPS's, anemone or clams?
It's conceivable filter-feeders might eat it, but considering that Caulerpa is quite toxic, I sortof doubt that they do.