ronv, Spot on.
According to the data sheet, there is a 1.24V zener from IADJ to GND inside the LM3409. For 0 < PREADJ < ~ 1.25V (0-312mV at IADJ without the LED psu) , when the LED psu is turned on, the voltage at IADJ is constant ~10mV. When PREADJ goes above 1.25V with the LED psu on, the comparator turns on the EN (VOUT) pin and enables the IC. At that point there is a little bit more voltage at the IADJ pin with the LED psu than without. But then gets interesting. Once the EN pin is enabled (preadj goes over 1.25V), on the way down to 0V, it never switches off. with preadj at 0V, the voltage ad IADJ is about 130mV!
I took a few data points with the multimeter. This is what they look like:
**broken link removed**
x axis is the preadj voltage. 1V on the EN pin is considered ON (easier to plot).
NPSU - led psu OFF
PSU - led psu ON
VIN+ is the voltage on the non-inverting pin of the opamp and the IADJ pin of the LM3409.
Ideally the yellow and brown lines should match (when the IC is on and off), as well as the red and green.
Also, the voltage on the LED PSU doesn't seem to affect this plot. I tried with 15V and 12V and the result was the same.