I used and am still using Menzernas system. It rated up there pretty high on autobody BB website I was lurking on.

I am wet sanding with 1000, 1500 then 2000, then use 3m's heavy duty compounding stuff, then Menzerna's intensive polish and then final polish. I've pretty well gone over the whole car now, but need to go back and do some more final polish to work out the minor swirls.

The gloss is looking pretty mirror like, but know I need to hit it a few more times yet. I have yet to use any glaze (as I want the mirror finish in the clear, not with additives) or of course waxed it yet (and not for a few months)