Mine is worn just a tiny bit, on the right as was the original poster's, but I've only put 525 rounds through my new MOE. I've now picked up some Tetra Gun Grease, and have thoroughly lubed this area as well as the area of the hammer that it contacts.
I originally thought the hammer was aluminum (looks like anodized to me), but both it and the slide are steel. Not very hard, on the slide, if it's wearing already. Hopefully, the grease will help. I'll keep any eye on it.
As to what would wear first, the slide contact area is very small, all right at the corner. The hammer contact is sliding over quite a bit of its length, so while the hammer will probably polish a bit as time goes on, it's the slide that will wear more. If that's expected, I would have also expected a bit more radius on it, to distribute the wear, and/or harder material. But we have what we have.
The wear on Gopher Slayer's gun is more alarming: While more even, it appears, from the photo, to actually show material flow. I think I'd touch up or polish that out, and then really start greasing it. (That's the mechanical engineer in my, not the gun expert, so your mileage may vary.)
At least I can see no way that fairly excessive wear would affect the gun's operation. Any wear is well below any contact area in the breech, and won't affect the hammer cocking.