What version of SolidWorks are you using? Do you have PhotoWorks add-in?
If you are not using SW04 or do not have PhotoWorks, you are limited to what material effects you can simulate natively in SW.
I find setting part shading colors of RGB to 243,243,243 with set to Hue: 160, Sat: 0 and Lum: 229 to work well to simulate chrome.
Add to this a change of your settings in your Lighting folder (Color: white, Intensity Ambient: .10) and your Basic Light (Color: white, Ambient: 0, Brightness: .90, Specularity: .60) and Direction Long:-18.4deg, Lat:17.5deg.
I'm sure someone else will come along for PhotoShop settings.
Ray Reynolds
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Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977
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