From what I've read in other threads and on other forums, the the stock TW is hardened steel, all the way through. This is why it cannot take shock loading, because although it is extremely hard, it is very brittle (as all hardened steel is). As most know, hardness and ductility are inversely related in steel; as hardness increases, ductility decreases. I don't think the hardness of the TW is the problem, the brittle nature of its hardened state is the reason it lasts so long but breaks under high power applications. It has no flex at all and just snaps.
If a thrust washer is just a washer of specific dimensions, a machine shop with a screw machine could churn them out for pennies in time/production costs. There's alot of different hardening methods for steel, perhaps a solution lies in steel with a different internal molecular arrangement... i.e. hardened exterior, soft and ductile interoir.
What is the operating temprature we need, and what is the max temp (say in an extended raceing environment)?
Inconel, molybendium, and titanium are all good ideas in principal. Moly is not that strong but doesn't change properties under temprature. Ti is a good all around solution but it does not take well to high stress high strain repeat loading cycles. Inconel is a super alloy that's not cheap to buy or use; Inconel is a bitch to shape because it eats most economy cutting tools for breakfast... high strength tooling and very thought out machinging is required to make it work without work hardening the sweet crap out of the material or destroying the tool. But it might be the ticket.
From what I can see, we need is a material that has high creep resistance in high temprature, very high surface wear resistance, mid range Young's Modulus (stiffness... too stiff and it will break, too ductile and it will bend under load in a repeat loading cycle and eventually break). I don't think Shear Modulus is really an issue... I would think that this is a compression/tension loading application.
A good materials engineer won't know what a thrust washer in an R154 does. I think deciding what we need and what the application is, and then taking that information to a professional, will get us our material to use. I.e. Does the washer get loaded axially? raidially? Is it under compression at all times, or in a zero load to fully loaded cycle, or a full compression to full tension loading cycle?
I've never really seen where the washer sits, nor do I know exactly what it does during shifting and under load.