Recently I've had to do a bunch of research on wild rice (Zanzinia) and commercial rice culture.
Wild rice germinates under water. In fact it germinates under ice sheet, under water under piles of old rotten dead stem from the previous growth season. Oxygen is 00000 at the seed and roots. The germinated plant grows like crazy (without oxygen) until it breaks surface, then it does induct oxygen backwards through the stem back to the root system for nocturnal respiration needs of the growing plant. However, the lack of soil oxygen is not relevant to successful growth, but the depth of anaerobic condition is. At low to no oxygen, low Oxidation Reduction Potential (ORP) conditions prevail. But if you develop strongly reducing conditions, from say sulfur reducing bacteria, methane producing bacteria, reduced iron... and really drive the ORP to low values then the rice seedling is unable to run a whole host of normal metabolic functions, and seedling dies.
In comparison to what low DO means for rice, the DO in an orchid pot with dripping damp potting media is nowhere near 0. Until you achieve "septic" conditions under SH conditions there is still DO in that water.
I've done a lot with manipulating ORP in both oxic and anaerobic systems to modify microfloral community structure, and there are significant differences when you do that. But I really think we are pushing into very complex systems at a very rudimentary level of understanding to really make a significant difference in how we grow orchids.