I want to share my thoughts on the HF model.
I owned one of the $30 Orange HF models. I am hard on it and make it do what I want, not what it wants. I did my old boat (including bridge) four times (2x per season), and the hull of my new boat this year. It dies on me last weekend as I got ready to do the topside.
IMHO, I really got my money worth on it. The part I did not like was that it has a dial speed control and it did not stay where I wanted it. I had a 2" arbor extension for it and that helped make it more usable.
I went to an actual HF store to pick up a new one and saw they had a second style. The orange one is now $40 and the newer red one is $60. The red one does not have the silly handle. I got the red one because it has an electronic speed control with a digital display. I spent the day yesterday with it and I am even more satisfied with this model. It has a slow start (which is annoying but there for a reason), dial from 15-40 (I used 25 on the flat and 20 when using the edge in tight spots), and it also had a brain because as you put pressure on it, it increases the power to keep the speed where you set it.
If I could only get rid of the guilty feeling of buying from a store that only sells Chinese crap, I would say I was 100% satisfied. For $10 I got a 2 year warranty and explained to them that I will be using it!
When I am rich, I will buy a Makita!
I will also recommend FLITZ, it is an incredible product for fiberglass and stainless.
BTW, a waxer is the thing that leaves infinity swirl marks everywhere. I prefer to polish/buff with Flitz, then apply wax by hand a couple times.
Jim