I've done metal polishing since the 60's, back then for pocket money doing motorcycle stuff, over the years for my own bikes and boat stuff. By far the best articles I've ever read for this and some related issues at
http://www.caswellplating.com/buffs/buffman.htmYesteday I stripped all the engine cases, rotor and clutch off the blown motor in my parts bike, preparing for a new motor to make the beast live again.
I've been using Home Depot's Behr paint stripper spray for a number of years. Do this outside! I sprayed all the aluminum parts, left them to sit 20 min, then scrubbed real well, wearing Nitrile gloves & eye protection, using green Scotchbrite pad, then rinsed thoroughly with water.
My polishing rig is very basic, just a simple arbor stand for grinding, with an 8" sewn cloth wheel (about $10) and 1HP motor. Using a bit of fast cutting emery (black) and medium cutting tripoli (brown) compound, I had the covers off that motor looking great in just a few hours. You can buy a pack of assorted compounds for about $12 that will last you a long time.
You can also use various cloth wheels on small grinders, Dremel tools, die grinders, etc. The little guys are great for nooks and crannies. I use the same sewn cloth wheel for black and brown compounds. I have a loose cloth wheel that I use exclusively with fine polishing red compound.
The clutch cover was so nasty I had figured I'd be best to hit it with at least 600 grit wet/dry first, but nope, it shined up nice. What a great way to finish up a bunch of grunt work instead of having a box of grungey old parts, I have a bench of gleeming stuff!
Winter's coming, so you might want to give it a try. DO wear eye protection, a simple dust mask, coveralls are good - this process is a bit messy.