Truth. High speed dives could permanently deform the wings. The Mustang had a few problems with structural failures. Due to a variety of reasons, it had a propensity to shed its wings or tail.
I once read that the Mustang was only designed to be in combat for 16 weeks. After that it would be considered war-weary. Aluminum is light, but it isn't the best metal for handling repeated stress. Once aluminum is overstressed, it will be weaker at the point where it was bent. Steel doesn't have this sort of memory.