The polishing wheels and buffing compounds do work miracles, but they are also very dangerous in unexperienced hands, especially with the bigger dia wheels and a powerful motor. Always wear protective glasses, and gloves. Use pliers to hold the smaller parts.
You should also practice a bit before taking the wheel to your 1000 USD Prior hubs : it is very easy to round off holes and edges with the wheel.
Alexander March
Bordeaux
France