While detailed process of putting a coating on the bullet it interesting, it is obsolete already, and has been for many years in comparison to just making the barrel steel interior bullet-proof.
Because this is a very small surface compared with hundreds or thousands of bullets, treating it a few times is very inexpesive when you are just combining and electro-chemical conversion surface that doesn't require acid into it.
While I am a new sponsor to GBO forums, I have been a sponsor to RFC (
http://www.rimfirecentral.com) forums since late 2002, and it has drawn attention there, and a post or two here of the noise there.
It has also seen rave reviews over the years on many forums, and a few website gun reviews, including by Stephen Camp at
http://www.hipowersandhandguns.com (Steve handguns), under Moly Fusion Review. The first forum review still archived today being thefiringline.com (a small group of reviewers thumbs-up) in 2000-2001, and a second springing from that maid it onto czforums.com (handgun review, though).
While I am very convinced making the barrelt bullet proof simply and inexpensively is the 6th most important thing ever to be developed for gun barrels - and even better and more important than the development of chrome plating and Stainless Steel, there are many people who back this up, as little known as it is.
It also can make the throat of a barrel wear resistant, and heat-reflective, and a treated gun barrel that has been treated a few times and superficially retreated every half or so the normal life of the throat should last multiple times longer, not even just 10, 20, or 30% longer.
Treating a gun barrel is the better way to go from a mechanical engineering point of view, in my opinion, and more versatile, and simpler, too, since Moly Fusion(tm) exists for the purpose of doing that, but that is not all it does.
In any case, this is for one the purposes Moly Fusion is available at full strength. And this is my opinion, of course.