AliBrite.
Depends
It will attack zinc plated bolts, you would need to replace those with others or mask them off, plus if the alloy has a lot of zinc in it, it wont make the alloy very bright at all and at best you will get a dull/dark grey finish and not a bright silver finish like you would with blasting or polishing. I have never found it to work well on cast alloys that you want to leave bare. Works much better on extruded/sheet/tube alloy eg bull bars and tray tops on Utes/trucks etc.
I would be more inclined to use the Black & Gold steel wool soap pads from the supermarket with plain water once you have got all/any paint & grease off. Some suzukis from mid 70's have the centre cases clear painted over the bare alloy.