Sounds like marketing fluff to me.
LEDs are not nearly as fragile as these driver manufacturers want you to think, especially in this application.
All LEDs will suffer reduced life if driven at their absolute maximum ratings for extended periods of time, so in an aquarium situation, you want to derate the current and voltage to some degree. For example, the Cree XR-E LEDs from what I've come to understand are traditionally driven at 700ma. However, they can handle up to 1000ma.
If the power supply you are using is a CNC power supply, it is built to handle extreme variations in current draw with little fluctuation in output voltage. Generally speaking, as you load a switching power supply, the voltage fluctuation (if any) will be down, not up. So if you plan to drive a string of (6) LEDs from your 24 volt supply, at 700ma, the Cree data sheet tells you to set up for 3.5 forward volts. So 3.5 * 6 = 21, so applying the above formula gives you 4.28 ohms, so we'll go a bit on the safe side and use (2) 2.2 ohm resistors in series for 4.4 ohms. Now, if the supply voltage drops as load increases, ohms law dictates that the current will fall, along with the forward volts. A drop in current or voltage will not damage the LEDs.
Accounting for a rise, the cree LEDs can handle 3.7fv at 1000ma, allowing for a 5% increase in voltage, which is well beyond what any regulated power supply will do.
So I think you can save your money and DIY your drivers. You can use an LM317 if you desire as an additional regulation step, but in doing so with a 24 volt power supply you'll need to drop an LED from the string. The LM317 requires a minimum of a 3v differential between the supply voltage (Vin) and the regulated output voltage (Vout). You need to account for slight power supply variations, which puts your effective output on a 24v supply at 20v max. Next you need that resistor, which has to have some voltage drop across it to maintain current regulation, so that takes off another couple volts. So your maximum fv can only be about 18 volts at this point, meaning you can use 4-5 LEDs at best per driver.