You know what they say about the fly? There's no such thing as recreational fly swimming! I'd be happy if I got my freestyle technique down.
I've been doing triathlons for about a year and a half now and without any doubt, swimming is where improvement has come the slowest. Technique is so fundamental to swimming efficiently when compared to cycling or running. This is where Ric's argument about restricted axes of movement in cycling come into play. In swimming (freestyle), so many parts of your body have to move in synchronicity and there's absolutely no external structure that couples their movement (like, say, the opposing crank arms on a bike) and every little bit of dead spot in the motion can add to your drag in the water. Your torso rotation, elbow angle, wrist angle, ankle flexion all have tremendous impact on your net efficiency.
Yeah, I think my passion will stick with cycling. Swimming will keep being that thing I "have to do" before cycling and running.
Berend