From the pic, it looks like the slider is trashed. It moves up and down the shock body, keeping coils in line, which yours aren't.
Can't tell in pic, but SAWs may have an adjustable stop ring, that threads down the body to keep the lower from overextension. The slider keeps the coils inline, stop ring keeps lower coil seated and limit straps keep the coils from separating when fully extended.
Looks to me like the coils separated during overextension, and damaged the slider.
You shouldn't hear the coils clanging, wax ain't gonna fix, and link Jim posted is probably what you need, BUT, it'd take a ten minute call or email to SAW for them to review and offer up a solution. Considering what they cost, be well worth the time investment.
Sidenote: Triflow Lubricant is the shiznit for suspension rod ends, be it links or shock eyes. Can find in high end bike shops or order online in areosol containers, spraying the heims down whenever they start getting chatty.
Carried in last couple of rigs and lessened the race car noises to a bearable level, without any residue for crap to stick to. (Used on dune quads for years and sand wouldn't stick if applied under the right conditions).
I appreciate the offer. Pretty happy with flex and ride. Just nit-picking I guess. I'll just turn up the radio...
