I have a Mrod that pings, so I went out to test your theory this afternoon. If I understand what you are saying, then the pressure tube is like a bell, and the ping is the result of the blow the hammer delivers to the valve, which would be similar to striking a bell with a mallet. Is that accurate? And that the de-pinger merely dampens the vibration of the tube like touching a vibrating guitar string with your fingertip, or grabbing the still-vibrating bell with your hand.
So I took the Mrod out and shot a clip. Pinged every shot. Took a roll of strip-caulk, and applied it on the accessible parts of the pressure tube. Still pinged. Added more caulk at different locations on the tube, shot more. Still pinged. Ended up with about a pound of stip caulk on the outside of the tube, from breech to muzzle, covering maybe 70% of the outer tube surface. Not only did it still ping, but there was no discernible difference in the ping sound between the heavily dampened tube and the bare tube, after I took all the caulk off.
If the ping I have results from the tube vibrating like a bell, why didn't the heavy, viscous caulk change it, even a little?