Waterspots-How to remove?

These waterspots have been there for about two years. Is it too late? I have a meguiars g110v2 and I am no expert. Car is a dark gray acura. Products I have on hand include;

Meguiars 105 &205
Pinnacle swirl remover
Wolfgang paint cleanser
Poor Boys polish II

Pads include;

Meguiars Yellow
Lake country Blue
Lake country White

First I am going to use Mother's Pre wax cleaner by hand to remove old wax, then clay. Which combo(product & pad) above do you recommend?

Thanks

Here are a couple of articles by Mike:
http://www.autogeekonline.net/forum/...ter-spots.html
http://www.autogeekonline.net/forum/...pots-hand.html

105/205 should take care of the water spots. After 2 years you are due for a polish anyway.

I'm sure you can take them out.

Try the least aggressive approach first:

First
White pad with Wolfgang paint cleanser
if not enough
White pad with M205
if not enough
White pad with Pinnacle remover
if not enough
White pad with M105