Some thoughts, as requested:
Chrome plating is not needed if you choose to use stainless steel. But they generally do not have near the toughness of plain carbons.
Considering some of the blade coatings and finishes that are gaining popularity today, you could make a very strong case for blades that are intentionally rusted and pitted, etc., rather than trying to keep them pristine looking.
I don't like cheap shiny chrome that flakes off. I agree with the others that I'd rather have a blade that aquired a nice natural patina versus flaking chrome & rust.
However, the above isn't a problem with modern coatings I've experienced. Hard electroless chrome is extremely durable, resisting scratches and protecting the steel beneath. Personally, if you're considering coating a carbon steel blade to protect it from rust, I feel it would be much better than the oxide and epoxy type coatings. Just look at it from the standpoint that it could wear off sometime down the road, and this only cuts down on the amount of care the blade will need compared to nothing at all. If you're coming at it from that philosphy, I think you'd be very pleased with it. I'd like to try it myself.
The modern stuff doesn't have to be shiny. I've usually seen it on guns with an attractive matte finish.
I carried a pistol with this type of coating for several years, as a beater gun for varmints around the farm. Since it was fairly inexpensive, I didn't hesitate to put it through abuse I wouldn't subject other guns to. The coating still looked great when I finally sold it (to pay bills).