what would probably need to be done is to have the slider part be 3d printed out of a polymer with a very precise process and then a metal cap fitted. shapeways metal sintering method (although limited to silver and gold at this point) may also produce smooth enough parts...
I am certain that their metalsintered surfaces are not smooth enough.
http://www.shapeways.com/materialsThey are polished or treated after printing, as stated there. They label their metals "slightly pitted and rough". Unfortunately, getting the tolerances to be tight enough with some after treatment would be difficult, especially since the area in question is hard to reach. Sorry to break it to you, but theirs aren't slider-smooth either. Some of those jewelry you see there has been quite heavily machines and polished afterwards.
Their silver is actually cast in wax molds that are printed and the wax makes them smooth. Those molds are only usable one time, which is why they are only used for expensive silver which tends to be in lower series.
anyway, the nice thing about model M keys is that they are single profile, and it would be quite easy to get you a full set of caps (although there are the stabilize sliders to deal with...). for the time being, a single small run of rough titanium spacebars for MX would be awesome
To make the Topre 2-piece, we would only need one single slider, and then have the cover caps be of different profile. THe fact that the model M caps all also ahve the same profile, not just the slider, is only helpful when molding.