Grimm said:
If it's anything like the Chicago one I bought from HF, it's a piece of junk. I got about 3 hours out of it. Even before it crapped out it couldn't hold the speed, and would bog down if you put any pressure on it.
One never knows, I have a HF that I have had three years, gets up to 4 hours a week of use, some days it runs 4 to 5 hours and no problems.
I also have a Milwaukee, and you can't bog it down, but very heavy.
Also have a DeWalt, but right now it's in the shop for a new armature.
As far as speed settings, I vary my speed depending on what product I am using, what surface I am buffing.
Usually, with modern clears and modern compounds, don't go above #3, creates too much heat and breaks the abrasives down to quickly.
On boat gel coat, if cutting, use a blended yarn pad and a coarse compound for the first cut, may take it to #4 for some areas.
Polishing? I keep it a #2 when using a foam pad, may go to #3 when using a lambs wool pad. When polishing, "slower is better".
Grumpy