The Porter Cable 7424/7336 is a Random Orbit Dual Action Sander/Polisher. Originally designed for wood work for clear (emanel, etc) surfaces. It's referenced the large majority as PC because PorterCable is one of the few out there that's easy to use and for design purposes. Dewalt's 443 has the same specs, but it runs alot higher on the RPM scale, (which is good for polishing), but does NOT run as easy for Waxing/Sealing where the PC strength lies.
What's the difference between a Random Orbit versus Circular action? Completely different in terms of motion, speed, aggressiveness, and purpose. The Random Orbit (RO) "oscillates" in place, in goes up and down, side to side, all in one motion. It basically jiggles, which is extremely safe. The Circular action, basically turns in a circle, however the sheer force and extremely rapid action builds tons of heat that easily burn trim and thin paint. You should use the RO for alot of minor paint correction and sealing, while the Circular Action is for heavy polishing and compounding.
The PC is like an Electric Toothbrush, scary at first but after sometime you'll be able to use one hand like a breeze. The Rotary (Circular Action) should be used by a professional and someone who knows their products, aggressiveness, and paint correction purpose.
The Chicago Electric Variable Polisher