Hey Taco,
I am guessing that by your description you are going to apply a low abrasive polish with a polishing pad and then remove the residue with a fine polishing pad?
If so I would not recommend it. Reason being is that it really doesn't do any good. You're better off wiping off the residue with
microfiber towels. Once you work in your polish it's pretty much done doing its stuff and has most likely begun to dry up so using another pad would only make a big mess.
If you are using the SAME polish, say
Final Polish II, with your polishing pad you can then switch to a finishing pad (without removing the residue) and apply more FP II and buff over the same area. This way you only remove it once.
Here is a quick note also guys.....if your backing plate is only 4 inch in circumference and you have an 8 inch pad running on your rotary you are only getting the benefit of maybe 4 1/2 inches from the pad. You'll notice that a "ring" develops on the pad almost the exact same size of the backing plate. This indicates that only that portion of the pad is being used, the rest of the pad is pretty much useless. So make sure your pad to backing plate size is correct.
As for a pattern....you can go north, south, figure 8 and a hatch pattern just so long as you make sure you cover the area being buffed fully. I personally start back and forth then up and back and finish off by going diagonally.
As for how fast to move the polisher.....that's a personal preference really...BUT if your paint is getting too hot to touch then you are moving to slow and/or have the rpm too high. At first you'll be nervous, get tense, use a death grip....in general you'll make all kinds of mistakes as you will constantly check yourself but after awhile you'll notice that buffing becomes second nature.
Hope that helps,
Anthony