http://wiki.answers.com/Q/What_is_the_maximum_depth_a_human_can_dive_to
Re-Breather Use
The options for modern exploration are most commonly open circuit scuba and re-breather. Diving is limited by the correct mixture of breathable gases. On open circuit "classic" scuba the gas must be mixed ahead of time, while on re-breathers a diver always has the right mix of gas for the depth. Australian diver David Shaw successfully used a modified recreational re-breather to reach a depth of 888 ft (270 m) in fresh water in 2004. (Shaw died on an attempt to recover a fellow diver's body in 2005.)