Just an update. I'm in the process of cleaning up the frame. I figure it will take me a couple of weeks to do it properly which is a sh!t as the weather has finally improved here and I want to get our and ride and my bike is still in bits....
I have been rubbing with TurtleWax Rubbing Compound. I was scared as I thought I had taken off too much of the clear coat with this as it left a lot of scratches and a very dull finish.
Tonight, I tested with TurtleWax Premium Grade Polishing Compound and then applied ICE TurtleWax Paste Polish and also ICE TurtleWax Spray Detailer. I did not wax for this test. The shine came back up, but not quite the mirror gloss I was after.
I could still see too many scratches from the rubbing compound. I've decided that I need an intermediate stage between the basic (hard) rubbing compound and the Polishing Compound. Tomorrow I will pick up some of the TurtleWax Premium Grade Polishing Compound which is a medium cut and this should help me rub out the course scratch marks from the hard rubbing compound.
I have also been working the bike more with the hard rubbing compound. I am finding that my technique is improving and I am removing the majority of the rubbing marks from my first try. Now when I work it with the medium cut, then polish/detailer, then wax and believe I will get the finish I am looking for.
Wish me luck!