Don't you have Bob's email? : )
But, sure, I can explain. DR is the ratio of the max signal to the noise floor, usually expressed in terms of stops, over a specified area. Typically, the DR is expressed as a per-pixel measure (which can, of course, be misleading when the pixel counts between the systems being compared are different) and the noise floor is taken to be the electronic noise (often called "read noise"). PTP uses a 20:1 SNR (Signal-to-Noise Ratio) as the noise floor normalized of the size of the CoC (Circle of Confusion) for the sensor (if I remember correctly), which means the "DR" measures will differ from the standard treatment of DR. He also plots against the ISO setting rather than the exposure, which can most definitely result in misleading results when comparing across systems.
OK, all that in place, higher ISO settings typically result in less electronic noise [relative to the signal] than lower ISO settings. For example, if we took two photos of the exact same scene with the same f-number and exposure time, one at ISO 100 and the other at ISO 200, the ISO 200 photo will typically be less noisy than the ISO 100 photo (albeit "overexposed" by a stop if the ISO 100 photo is "correctly exposed"). How much the electronic noise decreases is a function of both the sensor and the ISO setting, and can vary significantly at lower ISO settings, but typically flattens out by ISO 1600 on all sensors (the "flatten out" point is typically referred to as the ISO setting where the sensor becomes "ISO-invariant"). I have examples of this here:
pbase.com/joemama/pushediso
So, let's say a one stop increase in the ISO setting reduces the saturation limit by a stop as well, but also results in one stop less electronic noise. Then the DR would remain the same. However, at some point, the electronic noise will stop decreasing. After that point, the noise floor remains the same, but the saturation limit comes down a stop for each stop increase in the ISO setting, so the DR goes down by a stop as well.
But how would the DR go up when the ISO setting is increased? Simple: the electronic noise decreased by more than a stop. This can absolutely happen with dual gain sensors (usually around ISO 400 or so) and you'll see a little jump at that point, but it can happen at any ISO setting (typically lower ISO settings).
What's important to understand is that DR is the range between the noise floor and saturation limit -- it is NOT a measure of how noisy the photo is, although it is related to the noisiness of the photo. The noise in a photo varies greatly from the dark areas to the light areas. If we had two cameras which were pretty much the same, but one had half the electronic noise as the other but the same saturation limit (and thus one stop greater DR), we wouldn't notice a difference between the photos except in the deepest of shadows, and even then, only if the shadows were heavily pushed so we could see the noise.
So, the whole deal about DR is about the ability to push shadows, keeping in mind, of course, that each stop we raise the ISO setting, we are pushing the entire photo (including the shadows) an extra stop, so differences in DR which might go unnoticed at lower ISO settings (unless heavily pushing shadows) will become more and more apparent at higher ISO settings.
Hopefully, this answers your question and then some!