An important finding is that the extent of oxygen quenching correlates with the apparent affinity between the DNA oligo and the SWCNT species. Combinations thought to give strong coating show weak quenching, possibly because of reduced exposure of the nanotube surface to the surrounding solution. Thus, this effect can provide a simple way to identify special affinities just by measuring fluorescence changes when dissolved oxygen is displaced by inert gases. To help understand the mechanism of the quenching effect and its potential value in other applications, we have studied a variety ssDNA oligos, including those containing only one nucleotide. We have also studied the effect with other dispersing agents and surfactants, quantified the dependence of quenching on oxygen concentration, analyzed fluorescence spectral shifts caused by dissolved oxygen, and explored the quenching effect in solid nanotube films and in solutions modified by addition of polymers and other chemicals. We will present the results of those experiments and our proposed mechanism for the effect.