Thanks for all the compliments everybody I appreciate them!

Marxfish for the valve covers all I did was go to sears and buy a couple of buffing pads and put them on my pedestal grinder.I removed all the guards for more access since it`s a cotton pad you wont tear your fingers off if they get in the way.I used the white and blue buffing rouges to polish with and a dremel tool for the tight spots.
For the rally rims sandpaper and a wire wheel on a hand grinder to take down the old paint and rust worked best.I did have to sandblast some real bad spots on one rim.Once you get it to where you want 2 coats primer 2 coats silver paint (I used rust-o-leum metallic from Lowes) and 2 coats clear (Kyrlon crystal clear satin is what I used but any kind will do) and you`re done!Most of the rim is hidden behind the center caps and trim rings so if it isn`t perfect in those spots not a big deal.
The trick with the center caps is to find some with no pitting/dings on the outside edge and center portion of cap.First I polished the outer edge and center first,then mask those areas off.Then sand all the old silver finish off I just used coarse sandpaper,small wirewheel and a drum sander on a Dremel tool it works well in the tight spots.Try to sand down any pitting as much as possible and use a finer sandpaper to smooth out any roughness from coarse sandpaper.I didn`t do this but you could probably use some filler to fill any holes from pitting for a real smooth surface.Double check the masking tape is still good,then just paint using same steps as the rims and thats it!
I am looking for one more rally rim 14 inch. I couldn`t save my fourth rim and a few more center caps to upgrade my pitted ones if anybody has any let me know?