I have read that military arms were kept polished bright, it seems that a mass of bright shiny guns was thought to have an intimidating effect on the enemy. It probably also kept the troops busy in garrison downtime , grinding up soft-fired bricks to get the polishing dust.
however for a hunting arm a bright polished barrel seems counter productive, unless you were stand-hunting with game drivers and beaters.
In regards to finishing, I have used the old formula Niedner rust blue for years. its time consuming but it gives a most satisfactory finish. If taken all the way to the blue stage it gives a dark almost black deep blue that is incredibly durable. However in the process it goes through various stages of coloring and one can stop at various grays, browns, brownish blue-black etc.
now that I'm back into working with flintlocks I'll probably continue to use it