This may be somewhat of a trivial comparison... but here's what I've noticed...
Meguiar's:
Good- Easy to apply, takes very little elbow grease to get good results, works on lots of dfferent metals, fairly inesxpensive (good value).
Bad- Not quite as "bling bling" as it could be, leaves too much residue.
3M:
Good- Brings out every bit of nickel in the finish, giving it a BEAUTIFUL shine, adds a little wax to keep the shine lasting longer, residue is minimal, buffing is easy
Bad- Price (at almost $30, it's f'n expensive!), mess (no matter what you touch, it'll have polish on it.), atrocious fumes, turns to concrete if left uncovered.
These are just MY personal views... I like the Meguiar's, but the 3M seems to be a much better product.
Meguiar's:
Good- Easy to apply, takes very little elbow grease to get good results, works on lots of dfferent metals, fairly inesxpensive (good value).
Bad- Not quite as "bling bling" as it could be, leaves too much residue.
3M:
Good- Brings out every bit of nickel in the finish, giving it a BEAUTIFUL shine, adds a little wax to keep the shine lasting longer, residue is minimal, buffing is easy

Bad- Price (at almost $30, it's f'n expensive!), mess (no matter what you touch, it'll have polish on it.), atrocious fumes, turns to concrete if left uncovered.
These are just MY personal views... I like the Meguiar's, but the 3M seems to be a much better product.
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