I have had several Oly's, and nothing but good experience.
(purchased 1989) Oly 16" A1 upper on PWA lower. The barrel was SS, and this rifle was used, abused, many thousands of rounds through it, my son used it in some carbine matches. After about 20k rounds, the rifling still looked perfect. And it had also been used in some very harsh conditions, high humdity, exposure to salt water, rain, etc. And the SS barrel really showed its stuff. Also, I see no need for chrome lining with one of these Oly SS barrels. It also fed most every ammo, including Wolf. It did gum up after about 1000 rnds of Wolf with no cleaning. (I don't use Wolf, my son did) Simply cleaning the chamber restored good function.
(purchased about 1987) Oly 20" Service Match Rifle, A1 upper, all Oly. Ran great, smoothly, good accuracy. Never a malfunction except with Cooper mags. With all other mags, perfect functioning. Sold this upper to a LEO friend. Mag well of the SGW lower (Oly) allows about 80% of USGI mags to drop free.
Originally the 20" rifle was supplied with a poorly made hammer that appeared to be bent over to one side. But this was a common problem for many manufacturers at that time. Whoever supplied these hammers supplied them to Oly and many others. I notified Oly, and they sent me a new and better hammer as soon as they were able to get some, about a month later. But even the "bent" hammer worked.
Both of the above have run .223 and 5.56 ammo, no issue with either.
(purchased 1994) Oly Ultramatch, 20" bull barrel, free floated, Harris bipod, JP trigger/hammer. Great accuracy and perfect function with all ammo, even various brands 5.56 M193 and M855 run through its "tight match chamber" without problem.
I have a Cav MkII lower with a 16" flattop upper. This lower is very well made, and so far functions well. I don't have enough range time yet to give you a full answer on durability. So far, I am very impressed. I like it! This will become my "trunk gun" as soon as I get in an Oly SS barrel for it.
I think chrome lining is an advantage over plain chrome moly, but do not think it is that big an advantage over stainless. And I have had no durability problems with stainless. But I am not firing full auto, bump firing, dumping Beta C mags, etc. These are the things that really damage a barrel.