Mickeg it did get quite a few comments when i first did it but it now needs redoing , didn't have a spray set up back then so it was done with rattle cans, i said at the time if i can get a couple of years out of it i'd be happy
Studying up on rust elimination, I am reading about brass wool vs. steel wool. I found this down the street - maybe it'll work like brass wool...
http://www.homedepot.com/p/3M-4-3-8-in-x-11-in-Coarse-Grit-Metal-Hand-Finishing-Pad-7414NA-CC/100179600
Jim i didn't use any wet n dry or wire wool on the xtc just some phosphoric acid and some nylon pan scourers, let the acid do the work and just scrub any stubborn bits with a pan scourer, but i was treating a bare frame, if there's paint then wet n dry it back to bare metal keeping the area as small as you can but exposing all the rust
on the site you linked to i'd buy some wetndry 400
http://www.homedepot.com/p/3M-3-2-3-in-x-9-in-Imperial-Wetordry-400-Grit-Silicon-Carbide-Sandpaper-10-Sheets-Pack-5920-18-CC/202563279 as you have paint on your parts clean up the worst of the rust with that then use something like
http://www.homedepot.com/p/Klean-Strip-1-gal-Phosphoric-Prep-and-Etch-GKPA30220/100406369 don't know if you can get smaller acid packs but $15 isn't the end of the world and you can use it for more than just killing rust, you clean your bog, clean bricks or concrete it can even brighten up old brass
i use hydroponic ph down as it's food grade (make sure is phosphoric acid, some aren't), usually stronger at around 85% and is normally cheaper (well over here, $15 for a us gallon, what ever that is, sounds very reasonable)
Dans your side of the pond and said he uses "ortho" , he'll point you at it if it's better than the one i said from home depot
if your worried about using acid on your bike just find an old spanner or rusty tool
and clean that first as a test, it isn't strong enough to eat good steel but rust just dissolves away, might take a bit of scrubbing but it will go
shackleton
your call on a respray auto paint means nothing as there are so many types,
i'd just try n keep up with the chips until you can get it stripped and powdercoated somewhere with a good rep, the frame won't rust out overnight you want to make sure it doesn't get past surface rust though as filling pitted steel is a pain in the butt, you fill one load of pits only to see the ones you missed grinning back at you, miss any and they will be staring you in the face once the topcoat go's on,
i know as i'm filling a Thorn with a bit of pitting at the moment, minor pitting major pain
this one sold so if yours get's as bad just ebay it
as someone out there likes a challenge
http://www.ebay.co.uk/itm/Thorn-EXP-World-Touring-Bicycle-Frame-and-Forks-/291781077002?hash=item43ef81e80a%3Ag%3AC%7EoAAOSwMNxXULOH&nma=true&si=7nsZp4a3KmWClHqDeplVl%252FkeeqY%253D&orig_cvip=true&rt=nc&_trksid=p2047675.l2557