Havent' seen it yet. Again the spring doesn't need to be strong, it just needs to provide enough pressure to keep the dog from slipping down from the force of gravity. Only a bump or curve in the spring contacts the dog hole, so even if it does wear slightly it will likely be midway down in the hole where the bump is and then only if I use the same dog holes all day, every day. Also, I put a tiny chamfer on the top of the dog holes, making it less likely you would see a wear spot at the bench top. All this, of course applies to a hardwood top- a softwood top might indeed show some depression or wear if you used too strong of a spring.
By the way, here is a discussion of round vs square dogs by Jameel Abraham, designer of the superior quality "Benchcrafted" bench hardware. Very few of his points seem significant to me with the exception of - the metal vs wood issue when using a hand plane (if you are careless) and the ability to add round holes at any time, especially in vise jaws- a common occurrence.
In the other, round dog, camp is Chris Schwarz woodworker, author, lecturer, hand tool afficionado (zealot?), and former editor of Popular Woodworking Magazine. Here is what he says . There are some pics of his round wooden dogs- he uses bullet catches.
Here is a way to make round dogs - uses a flat instead of a groove for a flat metal spring.
Here is one that uses a flat wooden spring.