If you can get it, get
Meguiar's M66 Quik Detailer/Wax with a
Meguiar's W8000 foam pad, and the Makita, on the notch just above 4 on speed control.
Once you get into using the wool pad, you're going to be adding a lot of steps.
I use
Meguiar's Velocity MV80 with the
Meguiar's W4000 wool pad on REALLY oxidized gelcoats.
As an all around good polish, I'll use the Velocity MV81, with either the W4000 wool or W8000 foam, depending on the oxidation.
If it's a wash/wax job, I'll use the aforementioned
M66 and W8000. It doesn't have the same cutting power as the MV81, by a longshot... but it's a good in-between product, between full compounding and washing.