awesome stuff todd!
to polish the spokes just use the highest grade wet and dry you can find to get the paint off, and then proceed with every following wet and dry grade you can get. do dry sanding with it until you hit 400 and from 400-2000 wet sand it. use coke or brasso with a cloth to polish after that.
if you want a chrome look i suggest skipping the coke or brasso and instead use a polishing bit on a drill and buffing compound. if youre gonna do this however do the lips aswell