UPDATE! In searching for the right spring, I popped into a Halloween store and picked up a $4 gag knife, opened it up, and there was my perfect spring!
Okay, so it wasn't perfect - it was the right length and strength but the outer diameter was 1/16" too large, so I basically had to rebuild the knife from scratch to be thicker from front to back (it was a tad too thin to begin with anyway) and I relocated the main spring to be further to the side so as not to interfere with the push switch as it launches towards the front.
I also took the opportunity to fix the bevel on the knife blade to be more accurate, as well as convert the screws to hex instead of rounded. Here are some nice renders of the finished thing from the outside:
And an exploded view to show the internals. I added two extensions on each side of the knife to work in conjunction with the guide tracks on the inside of each shell of the main handle to put less stress and friction on the main blade - this should help with paint wear.
If you're curious how the switch gets into it's rightful place inside the slit of the knife, I'm going to slice the back end of the blade part to feed it through then glue it back together. Since all the pressure on the blade coming out is from the opposite end and the pressure from pushing it back in opposes the opening, it shouldn't really matter if it is glued back together, but it's for good measure.