Something seems weird. I found a bunch of diagrams, Never-Lube I presume, plus the two videos I watched, all showing two o-rings, no spacer. Seems only my Pentair valve has the spacer. Your explanation, Matt, makes perfect sense. If the bottom o-ring is seated on the diverter (the moving part), and the top o-ring is pressed up against the cap (the non-moving part), then every time the diverter moves, the two o-rings would be dragging across each other. So the spacer is a slicker surface, I suppose, eliminating a lot of the friction (o-ring against plastic, instead of o-ring against o-ring). All good. Except the Jandy valves seem to have no spacer, just the two o-rings, up against each other. So how come one company does it one way, the other another way? Which is better?
When I disassembled my leaking valve, the o-rings were pretty shreded, and/or pinched. I slid off the o-rings without first noticing what order everything was in, or that there even was a spacer, because based on the [wrong] videos I watched, I wasn't expecting to find a spacer, only two o-rings.
So when these o-rings go bad, is this what they do, what they look like? All smashed and deformed? (See pic above.)
I guess the weirdest part, to me, is that they're using o-rings at all. Is that the best way to seal a moving part that has to penetrate a non-moving part? When I think o-ring, I think two stationary parts that both press on the o-ring to create a seal. The only time anything moves against anything else is when first assembled, which is what the lube is for. If one of those parts is regularly moving, then in essence the o-ring is serving as a bearing! A rubber bearing!? No wonder they need periodic replacing...
Ironic: they call them "never lube," and I guess they're referring to the diverter component that blocks the pipe, but in reality they are anything but "lube-less" because the components that are most responsible for making the valve water-tight have to be heavily lubed! Like I said... weird.