I know that Oly has been deeply involved in this project upgrade for years. They (Crane)have evaluated bolts, upper and lowers from Oly, as well as barrels, all utilizing the Maxhard process and different materials.
I have a friend that works at Crane, and the general concensus is that Oly's Maxhard is the real deal. Trouble is, the government doesn't trust anybody to be the only one to have such new tchnology. They are currently seeking to "reverse engineer" the Maxhard process, but have been unable to do so, and Oly's owner refuses to give it up! The best parts is that the process is not even patented! My guys at Oly tell me that the owner will NEVER patent the process because to patent it, you have to tell people how it is done, and when this happens people will them tweak it just enough to create a new "formula", and then recreate the process as a "new" idea. Smart cookies over there...
The other problem is that it is just an on-going process. One of the initial problems was the breaking of M4 bolts. Oly's Maxhard bolt has resolved this issue (withstood a 9,000+ round full-auto sustained fire torture test), but then the next weakest link braks and then you have to upgrade that part too.
On and on and on.... it will never end.