If you are only using 1 of each pad you are probably clogging it up and or wearing it down (reducing it's cut). Like Richard said.
I love my Flex 3401 and highly recommend it but I've seen Tad (Dark Horse) do amazing transformations with his PC XP.
I have been cleaning my pads on the fly (brush) and flip it over when that side is too saturated or clean the entire pad.
Then again, for me it's like the chicken-or-egg thing. If I want to go out and do more than just wash-and-wax jobs, I would probably be looking at a one-step for most customers (I have a small business that is basically dorment at the moment due to family and school obligations.). However, when I tell customers how long it would take me, they balk at the price (I charge by the hour, I find it the only fair thing), or the time required. Therefore, it is difficult for me to make any money doing this (and then upgrade my equipment) when I can't do highly valuable and advertiseable (every customer's car is a rolling advertisement) work.
So, if I could save time, I could save my customers money.
I'm not looking to quit a full-time job and detail, but it's nice to have a little side income (and to be able to buy new detailing supplies without using personal money).
I think a lot of people are missing that the OP owns the first-gen 7424, NOT the 7424XP. He's also using 6-inch Edge pads - so not only are the pads bigger than would be ideal, they're also thicker than usual. Given that, I'd not find it surprising that he's not getting such great results, even after hours of work.
Maybe some people think I shouldn't complain. What I have is better than by hand, and I bought what was available 3 years ago. However, I don't have the $$ to upgrade right now.
I just think my 7424 should be more capable than for me to out-grow it in just a few cars.
When I do upgrade, I will certainly keep this guy around for 4" pads.
Let's just say 6" Edge Pads + 7424 = bad experience for me