My Experience:
Example: Chain Sprocket Cover, Clutch cover, Engine case
I've had really good luck glass bead blasting covers that don't get exceptionally hot, then clear coating them.
I've had really good luck painting covers that don't get exceptionally hot, then clear coating them.
They do tend to stain/chip easy from spilled gas or maybe excessive heat if you use cheap rattle can
Many times I buy NOS covers, for example my cb750 where its hard to duplicate polish
Cylinder Head I use high temp paint only of course
I'm sure you can buy high temp clear coat but have not researched it. There are people out there who refinish to near stock quality, as I've seen them on Ebay.