I have been slowly working to remove orange peel panel by panel from my black 2013 Honda Accord sedan over the past few months.
I started by using the denim orange peel removal pads with FG 400 on a DA (though they're designed for a rotary), and have had great results.
As others have said, there are risks with any sort of orange peel removal, especially on factory paint.
Despite taking precautions by taping off body lines and using a PTG, mistakes can happen.
While working on my left rear door, I for some reason didn't tape off a line and I paid dearly for that oversight by burning through the paint.
Then, after I touched it up and was sanding it down, I sanded through the tape just above the door handle. Yeah, dumbass move...
I repainted part of the door using factory-matched PPG Deltron 2000 DBC in an aerosol can, recleared the entire door using SprayMax 2K clear in an aerosol can, and then wet sanded with 1000-5000 grit sandpaper. It turned out perfectly.
Since then, I have been wet sanding other panels with 1500-5000 grit instead of using the denim pads, and I have found that the process is much faster and removes far less clear.
Removing orange peel from factory paint is not for the faint of heart. Be prepared to screw up and have a game plan in place for when you do. I was planning on having the car repainted when I started this process, I was that unwilling to live with the orange peel. I decided that i wanted to see just how much orange peel i could remove without a repaint.
When I did screw up, I had already prepared for it by doing research on repainting (something I had never done before) and had the materials on hand.
In other words, prepare for the worst and hope for the best.
If you have the time, patience, and guts to undertake this process yourself, go for it. Otherwise, live with it or have it repainted.
I personally have no regrets, despite the mistakes I've made. It's truly a labor of love.
There are some pictures of my car on my gallery, and I'll post up more both there and on this thread later.