Hi,
so the diode doesn't have to carry any significant current (unless the input were shorted to ground, which would be an usual occurrence), so a 1N4148 should be fine.
I generally agree with your post.
But: the point is "unless the input is shorted...:
So IF the input is "not shorted" --> then you don't need the diode at all. The regulator is happy.
You need the diode to protect against reverse current.
We don't know the OP's application, the voltages, the size of capacitiors, the expectable reverse current, the timing.
We also don't know the critical reverse voltage.
So when I did my recommendation above .. I did it on the "unknown" information, this means for me "the worst case".
Maybe in 95% of all cases you don't need the diode at all. But in the 5% of cases it should protect the regulator for the unknown.
An 1N4002 is rugged, designed for high peak currents and low voltage drop at these current peaks (compared to 1N4148) and can stand a lot higher pulse energy ..... and all this at almost no additional cost (0.00 ... 0.03 Euro at Farnell at 100pcs).
I don't see a valid reason to recommend a questionable protection level.
Size and cost are not.
The whole situation changes as soon as the OP can give the "specifications" of the reverse voltage condition.
Then we can do calculations ... and there may be a good chance that a 1N4148 can be a suitable choice with the ability to safe 30€ per 1000 pieces sold power supplies.
Klaus