The so-called "laminated" barrels sometimes looked like that, but I didn't think L.C. Smith used them, as they always advertised "finest English twist", and the guns I have seen had twist barrels.
Laminated was a cheaper production method in which strips of iron and steel were welded together around a mandrel. The difference was that Damascus bars were twisted, then flattened and wrapped around the mandrel, while laminated pieces were heated and welded together while only partially bent around the mandrel.
Later, L.C. Smith used solid steel barrels patterned to look like Damascus, which was still considered the mark of the best guns.
An expert can tell the difference in the type of barrel.
I agree that I would not shoot a gun with any kind of Damascus, "twist", or "laminated" barrels. The chances of injury are simply too great. Not strong at best, the effects of time and corrosion have usually weakened the barrels still more.
Jim