100% correct. Limited Lifetime Warranty with Advance Auto doesn't cover normal wear and tear/failure of a product, only manufacture defects.
The dealers that cover normal failure such as Walker ask that you contact them to deal with their SCAM. AutoZone on the other hand does cover normal wear and tear. Advanced corporate personal that I dealt with kept me on hold and in the end would not transfer me to a higher end supervisor. I have returned the part to the local store because I was fortunate enough to find out about their SCAM warranty prior to install.
They shipped the heavy part for free and now ate the cost. Off to AutoZone to buy the same part without the SCAM.
Reason of review: Warranty issue.