I didn't mind using a nail polish to touch up the chips and scratches because the damage was already done. It couldn't have made them look any worse. Now they look much better, even if I don't do anything else. But I will go further to make it even better looking.
I was going to just wet sand the touch up spots and then polish and buff the entire set, but a friend told me that he had used a nail polish to touch up his Kawasaki and the touch up paint turned from a baby poop green to a baby poop brown in a matter of months. And he is the one that suggested clear coating the entire set with a UV resistant clear coat.
I will definitely have a lengthy conversation with my painter before making ANY final decision.
Thanks for all of the info, so far.