Shimano Crankarms and Bottom Bracket Spindle

The Shimano M440 crankarm and spider on my Rockhopper sheared apart. The M440 square tapered crankset doesn't appear to be available anymore, so I ordered the M442 to replace it.
Anyway I fitted the new crankarms but they don't sit as close to frame as the original crankarms. Therefore when the front mech was in the original large/outside ring position the chain would be on the middle ring of the new crankset. The original middle ring position had the chain on the granny ring of the new crankset. etc.
To rectify the problem I have had to adjust the front mech, so that it moves as far as the outside ring, however the front mech only just gets there. I have riden and tested the bike for 16 miles this afternoon, without any shifting problems. So good news there.
See the picture below for the spindle gap.
1) So why is there such a big gap between the crankset and the frame, in comparison to the previous M440 crankset?
2) And will the positioning of the crank arms cause addition wear problems on the bottom bracket?
Anyway I fitted the new crankarms but they don't sit as close to frame as the original crankarms. Therefore when the front mech was in the original large/outside ring position the chain would be on the middle ring of the new crankset. The original middle ring position had the chain on the granny ring of the new crankset. etc.
To rectify the problem I have had to adjust the front mech, so that it moves as far as the outside ring, however the front mech only just gets there. I have riden and tested the bike for 16 miles this afternoon, without any shifting problems. So good news there.
See the picture below for the spindle gap.
1) So why is there such a big gap between the crankset and the frame, in comparison to the previous M440 crankset?
2) And will the positioning of the crank arms cause addition wear problems on the bottom bracket?

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Posts
2 Cant see it making too much difference to wear one side may possiblyt have slightly more leverage.
3.You should have just gone HTII
Parktools :?:SheldonBrown
Should be very similar in distance it takes to lock on between the same fitting cranks.
The granny ring is approximately 6mm further away from the frame over the original crankset.
So do I replace the 113mm bottom bracket with a 107mm (say a Shimano UN54) and will that move the crankset back towards the frame by 3mm (as the spindle is 6mm shorter)?
see
http://techdocs.shimano.com/media/techd ... 657937.pdf
Parktools :?:SheldonBrown
If it works as is - leave it.
I
The Specialized website lists the bottom bracket as 113mm, but I've had a look at the one fitted and it is actually 118mm.
http://specialized.com/gb/en/bc/SBCBkMo ... nuItemId=0
The chain line is currently 55mm and it needs to be 50mm ish. So if I buy the 113mm BB does the spindle reduce by 5mm on the driveside or 2.5mm on each side?
http://www.sheldonbrown.com/chainline.html
Hope that helps.
I guess that one of the benefits of integral external bearing cranksets anyway (althouhg still using my old indestructible XT square taper BB myself).
For example the spindle/axel on the drive side of a 113mm bottom bracket is 5mm's shorter than the 118mm spindle/axel. There is no difference in the length of the spindle/axel between the bottom brackets on the none drive side.