It is worth emphasising the difference between similarities in protein sequence and in genetic sequence. There were 2 key papers on this subject in the same 2010 issue of Current Biology (
Liu et al., 2010;
Li et al, 2010). In both papers they principally focus on protein sequence, and find convergence. However when the same analysis is performed using the underlying genetic sequence the convergence is lost. In fact even just including another echo-locating cetacean, the sperm whale, reorders the trees to what would be expected rather than grouping the bats and dolphins together.
You
can extract an anomalous tree from the DNA sequence, but only if you focus on mutations generating non-synonymous substititions.
The gene is certainly not 'virtually identical' even in the 'functional parts' of the 744 amino acid long protein. In comparisons between 14 species of bat and 4 dolphin species they only found 14 convergent amino acid sites, and these conserved sites were distributed amongst the various species.
TTFN,
WK