(n-1)^2.

If the color classes have sizes k1, k2, ..., km, then the expected number of

- steps from here is (dropping the subscript on k)
2 k(k-1) (j-1) (k-j)

(n-1) - SUM ( ------ + SUM --------------- )

classes, 2 1<j<k (n-j)

class.size=k

The verification goes roughly as follows. Defining phi(k) as (k(k-1)/2 +
sum__[j__?]...), we first show that phi(k+1) + phi(k-1) - 2*phi(k) = (n-1)/(n-k)
except when k=n; the k(k-1)/2 contributes 1, the term j=k contributes
(j-1)/(n-j)=(k-1)/(n-k), and the other summands j<k contribute nothing.
Then we say that the expected change in phi(k) on a given color class is
k*(n-k)/(n*(n-1)) times (phi(k+1) + phi(k-1) - 2*phi(k)), since with
probability k*(n-k)/(n*(n-1)) the class goes to size k+1 and with the same
probability it goes to size k-1. This expected change comes out to k/n.
Summing over the color classes (and remembering the minus sign), the
expected change in the "cost from here" on one step is -1, except when we're
already monochromatic, where the handy exception k=n kicks in.

One can rewrite the contribution from k as

(n-1) SUM (k-j)/(n-j)

0<j<k

which incorporates both the k(k-1)/2 and the previous sum over j. That makes the proof a little cleaner.