SENMM is hardly more realistic than NMM, since it produces a quite exaggerated comic-book realism. Very few metallic objects (at least those that appear on minis) are that polished in real life and the blue/brown reflections is a simplification of the reflections you\'ll see in real life. Look at metal objects in real life and see if you can find something that looks like that. It\'s a cool effect, but it is stylised rather than realistic. I don\'t know if one is easier than the other, but I do know that both will be difficult if you do not have some instinctive knowledge about how light is reflected. When you do, you\'ll be able to paint pretty much after your gut instinct.
Try to learn the principles of light reflections from the articles instead of learning recipies for different occasions.
I\'m not trying to argue with you, only be helpful!
PS. An imortant bit of knowledge, that I think Klute was referring to as well, is that rules are not 100% important. As long is things look reasonably right you can do pretty much as you wish. That means you can add things like the white strip Klute did across the blade if you like. I don\'t know if it would look like that and I don\'t think Klute does either, but it looks believable and it makes the blade look cool!
Sorry for ranting...