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Walmart now sells Meguiar's Ultimate Compound, which is in between 105 and 205 on the abrasiveness scale. I personally would try this out first before going to the very aggressive 105, or even try Scratch X 2.0 (which I've found works very well with a DA polisher) as that is only one step below the Ultimate Compound. When correcting paint it's always best to try a less aggressive compound first to see if it gets the job done, since sometimes you'll get micromarring with the heavier compounds and need to follow it up with the lighter stuff anyhow.
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Slideshow: A Jaguar designer's personal project imagines what a modern front-engined Corvette might look like if Chevrolet revisited the golden age of the Stingray.