Hello all.
Matt, respectfully a few more comments to your post.
the backlash is not the most likely and single cause of the dreaded leakdown. to be the main cause, the pump would need to come to rest with a pair of teeth having no contact with each other. in other words one tooth exactly in the middle of the tooth space. as there is more than one tooth in mesh at any given time, this is unlikely and also provides more restriction.
Oil does indeed get carried in the tooth spaces, around the pump from the inlet side to the discharge side and is prevented from escaping by the limited radial clearence between the gear OD and the pump chamber. it is forced out under pressure when the teeth actually come into mesh and the path of least resistance is the delivery orifice.
Radial clearance between the OD and the casing, provides an lesser path of resistance and will affect effiency also.
Axial clearance is the most likely cause of leakdown, as the clearance is critical and the most likely wear point.
The shafts are well lubricated and are usually the least likely to wear and give trouble.
reducing the axial clearance will in most cases restore effiency, and reduce leakdown, if done correctly. Reconditioning a worn pump requires a focus on a couple of things. I start with ensuring the pairs of gears are the same thickness to a couple of tenths. also the bore depths must be the same to a couple of tenths. this can be achieved by lapping. only then can the axial clearance be completed. the best clearance I have found is 1/2 to 1 thou with no signs of sticking or friction. on pumps that have never passed solids, wear on shafts and bores is neglible. if repaired properly, these pumps are very reliable.
Not trying to make a mountain out of a molehill here, but most damage is done by pump passing solids or forigen bodies. in 90% of cases reducing axial clearance will restore a pump to good operation for many years. these are simple external gear pumps, well balanced hydraulically, and are very reliable for normal street use. racing applications I am not able to comment on.
Best wishes Bradley