It's not just an "Urban Legend", at least in the 70 FSM. It specifically says not to run the motor out of the car. They did specifically mention the limit switches.
What's really funny is that in some later year FSMs, they tell you it's OK to run the motor out of the car. I had a screen shot of one, but can't find it now.
And here's the link for the replacement gear. Products Note that the gear teeth are only on one side, rather than the original that has teeth completely around it. That will still work as it only runs 180 degrees and you can flip the gear to the unworn side if you want.
From my experience, and reading when my "rebuilt" motor failed, the biggest problem with these motors is the bottom motor bearing. It gets dry and dirty and then the motor won't turn. Mine was full of sand from it's trip through the blaster by the "rebuilder".