Absolutely true. Yours looks to never have been disturbed. The OPs looks to have been removed at some point. The whole crux was to suggest a repop barrel instead of putting significant wear on his matching assembly should he desire to do so. A misfire can result in a bulge and so forth. These weapons are no longer considered semi disposable in any way at the current prices.
This. I've bulged a barrel, fortunately a barrel that was a shooter and raggedy anyway. The funny thing about the bulge is it caused the bullets to be unstable and keyhole out to about 10 yds, then they stabilized and were fairly accurate. The barrel is lugged into the receiver extension and that fit is where the accuracy and sighting in come from. The washers simply keep the barrel nut from loosening. On FBP parts in the MP40:
FBP bolt: sometimes the sear "ledge" is not at the proper angle (not steep enough) and will slip off the sear. This is a dangerous condition for an open bolt SMG. You'll have to the bolt sear step recontoured to be more steep, which will probably interfere with the hardness of that part so watch it.
FBP recoil tube: These can be shorter and with a narrower diameter end "point" which will jump out of the little cup in the back of the receiver for it and bind the whole operation. Sometimes it takes mixing MP40 tube ends with the upper FBP flat section for the FBP bolt. If you have too much flex in the recoil tube sections you'll get jammed up recoil tube sections. MP40 sections will not always interchange, just like the threaded firing pin / buffer sections on an MP40 may not interchange due to slight variances in the threads. The same is true of FBP parts.
Recoil spring: this and your ammunition are a key to reliable functioning. The hotter the ammunition the better. Stay away from Wolf type cheap 9mm as its usually under powered and will cause the weapon to "run away" and just go "plup plup plup" until the magazine is empty. The recoil in this ammunition is enough to eject the casing and pick up another from the magazine but not enough to engage the sear, thus a runaway.
Bullet feed angle: this is a key to reliable functioning. The magazine feed lips must allow the bullet to have a slight upward angle
Magazine spring: this is a key to reliable functioning and must support the bullet feed angle. Most period springs are worn. Many magazines have slightly deformed feed lips.
Ejector: this is key to reliable functioning. The factory originals were invariably ground on the face for the proper ejection angle and the ejector must be installed and fitted so that it rides perfectly in the bolt channel, does not interfere with bolt function, and at the same time is at the proper angle over a loaded magazine.
Extractor: this is key to reliable functioning. It must be the proper tension and have sufficient gap and grip on the cartridge. Test it outside of the weapon by slipping a cartridge in it. It should be held on its own by the bolt.
The MP40 is one of the best WW2 SMGs. However, all those parts were numbered because many of them required hand fitting, not because the Germans were anal. All parts won't interchange across makers without some fitting. Some will never fit, such as the slight differences in threads for the firing pin / buffer assembly, and recoil tubes. A factory original will usually run fine. However, I would put all my matching parts away and run a complete shooter set on my receiver. You'll never wear out or break an MP40 receiver. You can bulge a barrel, break a firing pin, pull off a bolt handle, break a bolt, break an extractor, break an ejector, break the bakelite on your lower assembly, etc.
Cheers,
HB