Yes, the glass beading removed all the paint and "highlighted" the small rust holes around my rear window by removing the weak metal around the holes. It also left most of the heavier bondo intact so I could see where the previous damage was.
I had no need for more agressive blasing as those few small holes are my only rust issue - this being a car that spent it's entire life in Southern California. The floor pans were beautiful as were all the suspension components. I just wire brushed the crud and undercoating off the bottom of my floor pans and repainted them. It may be hard to understand how clean an old car can be from So Cal or Arizona.
I replaced the subframe on my car because it was badly caved in from below due to bottoming out - not because of rust issues. The bolt-on subframe is one of the reasons I like working on these cars. However, it you have rust issues, you may find out like others that your subframe bolts are so rusted into the cage nuts under the floor that the cages break loose. My subframe bolts all came out pretty easily after just treating them for several weeks with PB Blaster.
2012 Mustang Boss 302 #1918, Competition Orange. FGF replacement 2006 Mustang V6 Pony, Vista Blue. Factory ordered. 2019 BMW X3 (Titled to the wife, but I'm always driving it for her. So I'm claiming it) Old projects, gone but not forgotten: 1967 FB 400, original CA car. After 22 years of work, trashed by the guy who was supposed to paint it. I had to sell it. 1980 Turbo Trans Am 1970 Mustang fastback, 351C 4Bbl, auto 1988 Mustang GT, 5 speed 1983 F-150 4x4, built 302 1994 Chevy K2500 HD 4x4, 454 TBI