I use them myself on a few of my knives, but the process itself is very difficult with the newer wear resistant super steels. Even with S30V it's very difficult to buff it with typical buffing compounds. I find that only compounds with almost pure Aluminum Oxide, Chromium Oxide, or Silicon Carbide can scratch the steel on any level.
For buffing scratches out, I find that aluminum oxide powder works the best up to 600 grit. The problem starts when moving from that point on. The 600 grit will leave an orange peel texture on the blade, which is very difficult to get rid of. Black Emery typically won't do a thing to the steel, and even an extra fast cutting grade compound for stainless steel(said to be 800 grit) takes forever and only seems to raise a shine without getting rid of the orange peel.
I'll try again with the Black Emery + Sisal Wheel and set aside an hour for the task, but I'm not expecting any miracles. I think the trick is to find something around 800 grit and 1200 grit before moving to the stainless cutting grade compound. Sadly, manual sandpaper seems to be the only available option at the moment, though I'm still searching for the proper grit aluminum oxide powder.