I have it too on my Model 40. The mainspring I am using was considered an underpowered Maccari GSI spring, however I can't find ait lacking velocity compared to the stock Diana Model 40 mainspring! I suspect the former owner of this mainspring expected a huge velocity gain with this mainspring which is almost never the case. That mainspring is for smooth discharges and superior life. I chose this mainspring because I wanted to reduce the velocity and so the felt "shock felt at the moment of the pistons forward most stop. (I have a condition similar to a partially torn retna and wanted to protect it...) the Maccari GSI spring discharges and releases so smoothlly, that it's installation really helped!
The "sound" on mine is like the cocking shoe is dragging over coils near the end of it's stroke. This might be so, as the JM wire diameter IS different. I have toyed with grinding the cocking shoe a little to prevent contact. If you're getting a "Grind" try using some more JM Heavy Tar in there.
In every sense, I see NO wear showing up on the spring, the shoe or anywhere, nor does the preformance seem hindered in any way. Maybe the stock Diana shoe just drags a little?
BTW, as you may know the Model 40 is now discontinued and was simply a a Model 34 family variant sold without sights and had a heavy steel muzzle weight (which I quicklly removed!). My rifle balances so much better without it!
ZVP