I buff some aluminum, nasty work, but looks really nice when done.
As for the buffs, you will primarily use a stitched( spiral sewn) buff, and typically a loose sewn buff for final polish. There are so many opinions on process for home polisher, it is amazing. Generally, though in practice one would want to remove all pits etc by sanding to P400 wet, then lightly with P600 wet-you may need to start with powersanding with coarser grits, though I would not reccomend coarser than P120-as the the scratches left by coarser grits are tough to remove.
You must clean part between each grit, then sand at 90 degrees from the last grit-this way you will remove all scratches. I begin with spiral wheel ( 8" or 6" depending upon part- 8" wheel is on large machine, 6" is on smaller machine)-with a black compound-then finish with a loose wheel and wht compound. Again hre you must clean part of all residue between stages etc., only one compound for one buff(mop?).
The time to finish is quite variable on the part, size condition, complexity. Some small parts, like Amal levers polish right up with the black compound, no sanding in most cases-others like Bultaco lower fork legs take a ton of powersanding, then wet block sanding with P320, P400-this could be lessened if they were machined down slightly to remove most of the nicks and corrosion pits. Still on Bultacos, the engine covers, can be real tough too-they are die cast-and porous-that is when you remove any material to polish/buff you often expose pinholes-you usually can burn a hole right through to find out they are permeated in the casting.( I know the hard way)-these are some parts that simply will not finish out really nice without welding up pits, aluminum solder fill, or plating.
Interestingly, many sand cast Maico parts I have done were actually more solid, once I removed the casting flash-and smoothed they polished out nice. Also it has been my experience that the Asian die castings, and CZ die castings are much less porous than the Spanish and buff out nicely. Hopefully, this give you something until LWC can put an article together-do seraches and read everything you can for now.
James