In general, the show was good about keeping the years straight, but it occasionally broke down in this regard.
In one episode, both Gojira and The Blob are referenced. Neither of those movies were released during the Korean War (Gojira: 1954/Godzilla, King of the Monsters: 1955, The Blob: 1958).
In "Der Tag," Radar is shown sleeping with a copy of The Avengers on his chest, with the 1970s' logo. One shot later, it switches to another issue of the same comic with the '60s logo.
In "The Novacaine Mutiny", Radar also has a Spider-Man comic.
The Points system is referenced several times, and is how Blake and Painless Pole are discharged. The Points system was discontinued for rotation of personnel several years before the Korean War, and was never used for surgeons.
BJ's latter-seasons hairstyle was much longer than a professional man in the 1950s would have worn. (This may be excusable, since the whole point was that BJ was rebelling against the Army.)
Several times, Korean soldiers are shown with AK-47-type rifles (actually stand-ins) before any communist nation even issued them yet.
In one episode Klinger hands out Hershey bars with UPC symbols on the back wrapper to recovering patients.
A pinball machine from the 1970s appears in the Officers' Club.
Henry uses a bullhorn that wasn't invented until after the war.
In "Officer of the Day," Flagg appears wearing the branch insignia for military intelligence. This insignia wasn't used by the Army until 1962.
Medics are always shown wearing helmets with the Red Cross painted on the front. This practise was stopped in early 1951 because North Korean snipers were using them to aim.
General MacArthur is almost constantly referred to as the Allied Commander. MacArthur was relieved of command in Spring 1951.
Colonel Blake had a framed photo of a UH-1 Huey helicopter. The Huey first flew in 1956.
Hawkeye and BJ are dying to see The Moon Is Blue, which was released on July 8, 1953, just three weeks from the end of the Korean War.
Klinger mentions he would wear Hula Hoops in his ears if he could. Wham-O first introduced it in 1958, and only started calling it that in 1962.
Radar's impersonation of John Wayne ("I'm not gonna hit you. Like hell I'm not!") is from McLintock!, released in 1963.
Grenades, more often than not, are painted flat black, as a subtle reference to Vietnam. In Korea, grenades were always olive drab.
In "The Gun", the revolver in question is a Colt New Service, in .45 ACP. The New Service was first introduced in 1898, yet either the frame or bone grips have an inscription with the date 1884.
The pilot of the chopper that flies Hawkeye out of the compund wears Nomex flight gloves. These were not used until 1967 during the Vietnam war. In Korea, pilots wore black leather gloves.
Virtually all clothing are cuffless permapress fatigues. Neither cuffless nor permapress utilities were available until the 1970s.
In "Bombshells", everyone is ecstatic about Marilyn Monroe is coming to the camp. While she did visit troops in Korea, Marilyn Monroe's big leap to stardom did not come around until Niagara in January 1953, while the camp had to make do with older films and film that new would not have reached them that late in the war. Before then, she was still relatively unknown.
In the same episode, Charles mentions "There's no business like showbyness" when pointing out a misspelling of Marilyn on a banner. While it could be a reference to Annie Get Your Gun, where the phrase "No business like show business" originated, it could just as easily be (and more likely is) a reference to the 1954 Marilyn Monroe film of the same name.
In "Soldier of the Month", Hawkeye and BJ walk past a sleeping soldier by the mess tent. Hawkeye points to him and says "Used to be Albert Anastasia's doorman," joking that the man was on guard when Anastasia was murdered. Albert Anastasia was murdered in 1957, four years after the Korean War ended.
In "Soldier of the Month", Potter mentions the soldier of the month was a directive by the War Department. After World War II, the Departments of War and of the Navy were merged into the Department of Defense.
Later on in the series, beer cans are '60s and '70s era pull tabs (patented 1956 and first available in 1964 on Royal Crown Cola drinks) and modern aluminum stay tab cans not available until around 1980. Earlier seasons had the correct three piece cans opened with churchkeys.
In "Deluge", "Phisohex" bottles are seen in the "scrub" area. Phisohex was a cleanser used for antibacterial cleansing as well as an anti acne regimen. However, they are in polyethelyne containers not available until the 1970s. In the same episode, BJ is shown removing sterile latex surgical gloves, which were not developed until the early '60s.
In "The Incubator", an unscrupulous colonel selling materiel tells Hawkeye and Trapper that he could procure a B-52 if given a week's notice. The B-52 Stratofortress first flew in 1952, but did not enter service until 1955. In Korea, B-26, B-29, B-47 and B-50 bombers were used in bomber duty.
In "The MASH Olympics", Potter uses a Smith and Wesson Model 19 snub to start the crutch race, which turns into the stainless version, the Model 66, when he starts the partner race. The Model 19 was introduced in 1956, while the Model 66 was introduced in 1972.
This is a bit abstract, but the political landscape is not quite accurate to the time period. American politics is portrayed as being divided between liberal pacifists (the good guys) and conservative warmongers (the bad guys), which is accurate to the Vietnam era when the show was made. However, almost all domestic opposition to the Korean War came from right-wing isolationists and actual communists (and yes, people at the time commented on the "strange bedfellows" situation). Mainstream American liberals supported the Korean War because (unlike Vietnam) it was being fought under the auspices of the newly-founded United Nations and was seen to promise a new era of left-wing internationalism. Essentially, Frank Burns is an anachronistic neoconservative and Hawkeye is an anachronistic New Leftist.