Decent Affordable Air Compressor, For a DIY'r Options

[beemie96]

Okay, I am planning to try to do as much work on this car as possible by myself (and beer-bribable friends (IMG:style_emoticons/default/beer.gif) ). With that in mind, I am thinking I should get an air compressor that can help me with grinding rust, removing stuck lug-bolts, and all the other great things air compressors do (like filling up tires for one).

I really don't need anything too fancy, but I want something that can run the guns effectively.

I've seen some compressors for around $200.

Example:

This one had good reviews: (oil - less)
Porter-Cable CPF23400S 3 HP, 4-Gallon Side Stack Compressor $192

And this one: (oil)
Hitachi EC12 2-Horsepower Air Compressor - $239

Any pros / cons on the oil thing?

What else am I going to need? I figure I'll need an air wrench and I want whatever kind of tool that Gint was using (pic attached) is that a grinder with a wire-cup brush? Looks like an electric actually... can I just run out and get one of those?

[beemie96]

You guys are great! Thanks for all the information. I have some thinking to do now. I think i'll get the electric grinder do remove the undercoating and such, then the 3M pads for the paint/ small rust.

I was looking at a craftsman compressor yesterday that was a 5hp / 33 gal tank with some good SCFM numbers, but I think I'll re-evaluate that down a little bit if I'll only be doing impact wrenching / tire filling and maybe some painting in the future.

Thanks all!
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