Richardinio,
In the first place, Bidlingmeyer published an article that proved that neutral ion pairs are not present under normal conditions in the mobile phase since this requires a mobile phase dielectric constant below that observed with common HPLC solvent systems.
However, it is not correct to say that the ion pair reagent molecule is retained via silanol interaction, in general, although cationic reagents may be partially retained in this manner. There are two models for retention:
1). The ion pair reagent absorbs via hydrophobic retention to the reversed phase surface. The surface acquires a net charge and the retention process is roughly like ion exchange without the normal spatial selectivity for multivalent ions. This mode tends to dominate with lipophilic reagents and/or low solvent mobile phases. Retention can be controlled via ionic strength or solvent content (or choice of lipophilicity of the ion pair reagent).
2). An ion pair forms in the low dielectric environment of the stationary phase surface as the analyte approaches the surface. This mode tends to dominate with less lipophilic reagents and/or high solvent mobile phases. This makes the process roughly as you first described it with retention control mainly via solvent content (or choice of lipophilicity of the ion pair reagent).
In ether case, there is some “ion exchangeâ€