OK. Science nerd warning:
Just how "readily available" is Ca from oyster shell? It's not the most soluble material known to mankind.
Once you put it in the pot it is 100% readily available! At that point it is up to the plant to use it or not. oke:
You are right Ray the calcium won't instantly dissolve even from the flour size particles and the flour particles will actually was through the media and out the drainage holes.
I am thinking that many plants like paphs and phrags get a great deal of benefit from having their roots actually in contact with calcium containing materials like limestone or oyster shell. I know P.kovachii does. I think the roots actually take calcium directly from the media more efficiently than absorbing dissolved calcium in the water. For that reason now I mix the oyster shell into the media. When the oyster shell has all dissolved away it is time to repot.