I forgot about this thread! Thanks for the replies folks. I bought myself a cheapo Simoniz ROP from CT. I figured at that price it's worth a shot and so far I am very pleased with the results. It may not be a PC7424, but it does plenty good for my needs! It's nice to fully polish/wax the car in less than half the time it used to take by hand.
Michel, I may take you up on that offer sometime soon