Nathan,
Let's clear up some definitions before we continue on this thread. Coralites are the solid calcium carbonate structures (skeleton) that surround the coral polyps. It would be impossible for the coralite itself to disappear unless you put the coral into an acid bath, or some type of coral eating critter physically ground the structure off.
You did not mention what species or genus of SPS you are talking about. Only Acropora (and a few other rarely encountered genera) have terminal (axial) polyps.
>You know; there are two types of polyps, those at the tip which actually grow and those around the stak which don't do anything but feed.<
No, both axial and radial polyps can grow. Your coral most likely died due to the low Ca/alk you spoke of. There was likely no way to reverse such a death once it has started.
- Greg Hiller