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The Peacekeeper did not have less polish and a dull look because of disgruntled Colt employees - it was intended to be that way for reasons I mentioned. Polishing costs money and when a factory puts out a highly polished gun the customer pays for it. So if a factory can gain sales for a homely gun, they will make a homely gun. My Model 28 is just as smooth and shoots as well as my "high priced spread" Model 27, but cost (IIRC) about 1/3 less. To a police department, that is a big difference. (And to a police officer, a nice shiny gun might not be such a good idea, anyhow.)
Jim
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