Will the use of a clay bar remove the "orange peel' look of the paint ? :dunno: :scratch:

Nope, here's what you need to know.

Compound or polish .......... is this with an electric rotary buffer ?

compound or polish will NOT remove orange peel either.....if it's in the clear and relatively small you will need to wetsnad the area smooth. However, if it's in the paint then that part will need repainted.