Yea, I saw a video on doing that last night about 1am. I have some polishing compound I use on my guitar frets, as well as some real fine cloths. They do a great job on my guitar frets. I've also heard that just using them and breaking them in will help overall performance.
I will get everything ready as you suggested. I think I will start with a bit of practice on some paper....then when I feel ready, I lay down a thin primer coat and see how well I do.
What do you normally run your pump pressure at, and do pressures make a difference when using different types of paint(ie enamal v acrylic)?