From what I've read, those colour case hardened hammers and triggers were on the older S&W models when those parts were made of stainless steel. The new ones today use MIM parts and to keep the look of the old, the MIM parts were faux case-hardened. Well, so I've read on the S&W forums. If it starts to wear, guess I'll be ordering a replacement hammer/trigger. I knew that risk going into the project.
The older Smith's hammers and trigger were carbon steel and not stainless. Stainless came later.