I've never even heard of doing this before, but it is so cool!
As far as cleaning up metal parts before blueing, you should should set up a small electrolysis tub.
It's really simple to do, and the results are amazing. I've used the process on badly rusted cast iron pans and they come out looking brand new.
That would be okay but it don't eliminate polising out the marks and pits and such. It'd prolly be good for bore cleaning though.