Hi Steve,
I have a battery operated variable speed Dremel that allows me to use tiny felt pads to go around the bolts and other tiny parts on the motorcycles. I buy them in bulk since it is not unusual to shred one or two on a single bolt. There is no way to go around the bolts by hand, so you have to use some type of machine. For the larger parts, like side covers, I do them entirely by hand.
Based on the experience with the Demel for the bolts and other hard to reach areas, I don't see any reason why you couldn't use one of the Adam's polishers. The one thing that I would recommend is to use a soft pad. This is based from my use of borderless gray or felt pads when I'm using the metal polishes. My biggest concern is a scratch on the chrome since the only fix is a re-chrome and that gets expensive quickly.
I have not looked into ultra soft or felt based pads for the polishers, so hopefully some others will respond with their experiences.