ME TOO!
I'm in the process of doing this too. (see the "Silver Lining" thread)
From what I've read. You start leveling ( after its dried properly ) with 1500 grit sand paper then move to 2000 grit then compounding and polishing.
Use lots of water when sanding and put a dab of car wash soap on the spot for lubrication. Also only sand in one direction, not back and forth.
This is what I'm going to try anyway, (I'm hoping to skip the compounding step and go right to DACP, then polish).
I'll post pics when I'm finished.