Geoff - Do a physical inspection of the D40s, in particular looking for blinking lights indicating incomplete SSA loops which degrade performance. Your AIX Error Log may also hold indications of problems.
All the usual system tuning considerations need to be pursued. One of the first things I would look at is memory and paging space. If you are running a TSM client on that TSM server, use dsmcad rather than dsmc schedule, to avoid tying up vital memory in perpetuity. I would also conduct relative performance measurements, comparing I/O performance for a given write load to the external SSA vs. the same to internal disk. In not using RAID for your D40 disks, you're giving up a great opportunity for performance. I'm using RAID 1+0 on D40 SSA and am enjoying great performance. Make the most of the available technology. Richard Sims