No, I would say it was GM being cheap, trying to save material. The part that rubs I believe is the pump cover pads, where it seats with the rear tail housing. They tried using some sort of clip to serve as a pad for it, but overtime the movement of the pump from side to side, caused by the splined shaft engaging the pump wears a hole through it. This happens after the clip just snaps out of position due to fatigue. Eventually after the clip falls off it will start moving side to side in the bare case due to the play tolerances within the design.
As you can see the OEM cover at the bottom, and the updated aftermarket version at the top, there is also a large thrust washer one available, but I prefer the one posted above, as it distributes the load evenly across all the pads, and slots in the tail housing.
Stole this pic from "
Dan2002"