Word is that Oomed will not work, didn't seem to have any advantage for me, and I still have a stash of it. I read over Tracie's article as well, but I think I seem to have heard that she is no longer convinced that Oomed has any effect (if you search around for some of the older threads on this I think you will find the same info). At a high enough concentration it will work as a dip, but I think there are better options. The chances of it working as a whole tank treatment is very low IMO. There was a thread a while back where Mitch Carl described the treatment with Levamisole HCl which does work on the Montipora eating nudis, and apparently will also work for Acropora eating flatworms. The treatment was summed up in this thread on the BRS site:
http://216.235.242.50/forums/showthread.php?t=17217
I found a place that sells the Levamisole HCl. While I don't have either the Montipora eating nudis or the Acropora eating flatworms, I would like to occasionally add a new frag without excessive fear. Therefore I have a bottle on the way. The stuff will not kill eggs, so quarantine of new frags is still required.
http://www.americanlivestock.com/product_56_771.mhtml?rankMonths=null
I did have the Montipora eating nudi's in a frag tank a few months back. I used the iodine treatment that Mark (Shallowaters) mentioned. I wanted to save a buck and not use Lugol's, so I did a calculation based on the % active iodine in Lugols and in Provodine Iodine available frome the drug store. I came up with a formula of using 1 ml/100ml of tank water in a bath for 3 minutes (based on Mitch Carl's recommendations of Lugol's dip). This did seem to work for me. I dipped each frag then blew it off extensively with a turkey baster before adding back to the tank (to make sure they all fell off). The iodine treatment is pretty harsh. I found that while most Montipora's did fine (4 colors of M. digitata, and 4 colors of M. caps [probably M. foliosa]), I did notice that some of my purple M. caps faired poorly several weeks later. The nudi's were gone, but the tissue was damaged too much, and some of these colonies regressed a lot. This might have been do to the fact that the purple M. caps were the ones that the nudi's seemed to always gravitate towards, so these saw several dips.
FWIW, I was successful in eradicating the Montipora eating nudis in my frag tank (have not seen any in about 5 weeks, and I've been checking), and was lucky that the nudi's never made it to my main system(s). I still don't really know how I aquired the nudi's in the first place since I do not recall taking any Montipora frags from anyone in a very long time.