I hope this doesn't turn in to a rant - I just feel like expounding on my difficulties if anyone cares

I bought a lock similar to this one from a local shop because it was quite expensive and just look at the shiny shiny:
It is a marine grade (salt water tested) padlock. This particular model has steel pins to withstand the salt weathering - apparently. (unlike the one in the link)

I like shiny things


Its got a pretty knarly key way:

And the bitting on the key is pretty horrendous in my opinion: (bad pics alert) the first and last pins need to be lifted virtually all the way up and the 3 middle ones are quite low.


Can i pick it? Noooooooo

Clearly there is a false set somewhere but I just cannot crack it, even with the key in front of me trying to replicate the bitting!
I've also been thinking because it had been salt water tested it may have a higher tolerance built in to account for salt residue build up in there - therefore accounting for a large plug movement after pins 2 & 3 are moved up.. just a theory and certainly not one I can prove as it still remains unpicked.
I will keep trying, of course. It feels strange not to be able to get it open after so much time thats all - will try during Jaws 3 & 4 tonight - bad taste, no life, I know.
If it does have steel pins - how would that affect the elastic deformation? my guess is it would need more tension to produce effective results, which I'm reticent to apply because I favour a lighter touch.
If i dont get this thing open in the next month I'm going to cut it up (I have no need for padlocks other than picking). Should be noisy and interesting, not to mention expensive - it cost me £13.
Happy daze - keep on pickin'
OB