I would never consider challenging Matt on recommendations, and I dont know your specific needs (looks like we are considering start to finish) but I highly recommend this kit on the corvetteforum weekly:
http://www.autogeek.net/popoprkit.html (if you want added durability over a carnuba wax, just add Poorboys EX-P , can be used alone or with Nattys as a winning combo)
This includes the buffer, the wax, and all the polishes you need. Plus the QD and Gloss enhancer that you will surely want to experiment with shortly. I really wish we would add some car wash (Poorboys Suds) to the package and price at like 250.00 as it would be complete finish enhancer in one box.
As for the headlamps, if they are in good condition, I find the Plexus works fine in keeping them looking like new. Benefit is you can use it tinted windows also as needed. For pads a minimum of 1 per class is needed per vehicle. So with most families having two cars a minimum of two pads (orange, white, grey) will be needed. The rejuvinator rocks !! I would also highly suggest adding a set of 6 of the
ultra plush Cobra towels as you will need them, and once to try them, simply, you will WANT them. Might also need a drying Guzzler .... but you pretty much now have it nuts to bolts.