I use the wet application with a borderless blue microfiber towel. I then follow it up with a double-soft to dry and clean off each pannel. As stated before, two towels is all you really need unless you have a large SUV or truck.
Here's some beading of my C5 Corvette before and after the convertible top color change to black. Also, here are a couple of my 67 Mustang. Both cars are coated with Adam's LPS, and Buttery Wax.