fastfed - Are those pads in the picture Bonnets that you put on the backing plate and tie the strings together to tighten them on ??
Wool or wool blend pads are used typically in auto body shops to quickly cut down newly painted work, and the panels surrounding it so, they will all blend in when the polishing step is done with again a wool blend pad, usually diry, because they dont clean them..
Detailers for the most part have moved away from these pads you pictured, and onto newer technology pads such as Richy mentioned above, or things like Lake Country Purple Foam Wool pads.. These particular pads will correct paint quickly with a Rotary but can leave the paint not crystal clear and glossy without a second step with say, a good foam pad, or even a microfiber pad..
No one would use one of those pads pictured to apply anything like an LSP to the paint, because it would probably sling it everywhere if one is not careful and who knows what it might do to the just corrected perfect paintwork.. Then, you have a pad full of wax or whatever, that you now have to clean up, and probably you will never get all that oily stuff out of it..
Detailers today are using a lot of microfiber and the old standby good european foam, and only the newest technology wool pads mentioned above..
Dan F