GTSU Keeno !
I have always used some synthetic grease on the cone body to help ease the wear and help reduce the friction of the pin on the cone. Just a tad is good.
As for the delivery pin itself, I believe there is an o-ring that the pin goes thru, on the inside of it's hole.
I havent' used any lube of any kind in there. If I were to use a lube of some sort I'd be sure to pick something that would not dry out or get varnishy so to speak. Also, I think it would be critical that the lube be totally safe to use on rubber. If the o-ring gets brittle or hardens up (which causes the pin to stick) you would do more harm than good.
I have read a comment or two that it should not be flamable too... although I don't think that would be a big issue to be honest.
I guess what you'd want to look for was something designed to keep the rubber soft and pliable, or atleast retain it's natural characteristics without detiorating it in the process.
Just my thought on this, and I'd be glad to hear from a pump specialist myself...
Bob.