The GEP cranks are not nitride coated, they are induction hardened, wether optimizer or p400.
This is an advantage over the nitride GM cranks as it is stronger and you can cut an optimizer crankshaft without further treatment if needed.
Cast iron and cast steel which is better is a long unproven argument on both sides. Flip a coin really.
For strength of crankshaft (any part really) chryogenic treatment makes it much stronger. When I was doing the crazy 6.5s we had some cranks chryo’d and those cranks never failed. If I was rich n famous like y’all, I would do now what I used to do in the racing days- send every metal component in for chryo.
The best in dream $ land is all machine work first, full induction hardening, then chryo, then coatings.