Hello everybody ,DEL here ,I am currently working on a 742 now , so I have been doing a lot of research on this rifle ! In my search I found out that the earlier 742 ,s had to have the firing pin retractor spring , Much larger diameter than the newer models ! It was from the ones used on the newer model 742 that slide on to the firing pin itself that I also discovered is not necessary in the newer model 742 . So given what I researched on this rifle I would just remove it ! The problem with the 742 I am working on turned out to be the extractor , my first thought when I first tested my rifle I suspected the firing pin spring , but since there was no spring in the bolt for the firing pin when I removed it , I had more searching to do . With the spring out you,ll have quite a bit of back and forth motion that I noticed when I disassembled my 742 ! Except for the extractor not grabbing every spent shell it seemed fine . I hope some of this info. helps you Del gunsmith13 . another quick note lube , lube , lube ! DEL