Pretty wild.
First, I wouldn’t beat myself up for finding them smoking at the bottom without being aware. Back in the day, the pedal would start to fade first, and that was the warning that it was time to take action *now*. With the newer vehicles, it seems that smoke comes before pedal fade. I’ve not had a faded pedal since 1996, but I’ve absolutely encountered smoking brakes and used the visuals to help me learn the limit for that vehicle.
That dark blue/black is … I’ve never seen anything like it. And you had to put some miles on it with brake engagement before pulling it - why isn’t it shiny silver!? I’m not an expert, but I’ll posit that it has changed temper, and should be replaced.
The Element3 pads took some heat, didn’t they? OP says he returned to service but there was visual evidence of beginning material separation from the back plate. Me, I’d replace them, though frankly most folks would probably just keep using all of it.
Note, newer E3 pads are being noted as lesser quality. I’ll suggest akebono ASP (not ACT) as a good pad comparable with the E3. The E3 has minorly better pad feel, but the ASP is by my limited experience an excellent pad. (ACT is a lower friction pad, most likely very close to oem).
Bleed the fluid…
Well in time, I will on year 3 of these Raybestos Element 3 rotors and pad, as the vehicle still brakes fine I want to get a least 1 more year of our them.
condition of the brakes when I pulled the calipers off :
As primitively as methods are the SUV brake just fine, You'd think the brakes would pulstate not at all. I did re-bed them after reinstalling all the cleaned parts. As for the brake bleed I do the full Techstream ABS bleed , 1h30 process is a pain did it last fall, I'll do that next year.
For the next set of rotors I would try the EBC premium but can't find them in Canada.
On my shortlist I have, BOSCH C1324501479 Rotors with QuietCast Ceramic Pads or POWER STOP CRK5828 Geomet Coated Rotors . But the geo coasted Raybestos rotors did not do much.
Next time I have to do an full stop when I suspect I have burning hot brakes I'm just going to stop decelerate in a lower gear and hold the vehicle with the parking brake, this Toyota has the old style shoe in drum. No way the rears are going be read hot on the inside of the drum. ( I think)