Yes, the "DDL driver" is a simple current regulator probably directly derived from the National Semiconductors
LM317 datasheet. It received its name because a member on this forum "Daedal" (hence "DDL") made a post about it as a simple and effective current regulation circuit, especially compared to simple current-limiting resistor circuits that were presented by people like Kipkay in his videos.
The LM317 circuit is actually pretty responsive, but the "DDL" circuit topology isn't designed for modulation, mostly because it lacks an input control. You can still perform modulation with a LM317 though; people have made LM317-based audio amplifiers before, and it could definitely be adapted for laser modulation. The only problem is that a DDL circuit depends on having a reference resistance in order to regulate current. To control this you'd need some input like a transistor, and if you're going to use that you might as well just directly modulate the current with the transistor itself.
Many "fast" modulation circuits exist. They usually just consist of a transistor that performs voltage-controlled current regulation. For example you can perform modulation with a circuit like
this linear MOSFET dimmer circuit. Just vary the input voltage to the PWM pin (or use PWM if you want) and it'll change how much current is produced. I use it all the time for current-regulated experiments.
Benm also has a
nice controlled laser driver that you can use.
You can also buy premade ones like Dr.Lava's Flexmod. It has some nice features like interlock, ESD protection, analog/TTL control, and all the tuning components that Benm's design includes. Of course that driver costs $40. I tend to just build transistor circuits for modulation.
(TTL = on and off; analog = variable output power)
For your green lasers, you'll simply have to buy a laser that has modulation built into its driver.
Lasever's lasers have analog modulation and work quite well (good price too).
Finally, you can buy some of the
drivers on eBay that are specifically made for modulation. Most are just TTL controlled however. They usually have buck drivers built in which is convenient, so you can plug them into a 12V+ source and they'll work (after tuning their voltage). For that price, you might as well just spend twice the amount for a Flexmod and get all the extra features.