Here's a little more information about each of the items included in the Flex Kompakt & Meguiar's Polish Kit. You can click the link to visit the product page for a full description:
Flex PE 8 Kompakt Rotary Polisher - smaller buffer specially designed to polish in tight spaces
Meguiar's DA Microfiber Correction Compound D300 (16 oz) - superior cutting power that finishes down smooth and glossy in one step!
Lake Country Rotary Backing Plate (3") - hook and loop backing plate for rotary buffers!
Meguiar's DA Microfiber Finishing Wax D301 (16 oz) - outstanding polish and wax in one bottle, premium AIO product
Lake Country White Polishing Pad (3.5") - helps safely remove minor surface imperfections such as very fine swirls, oxidation, etc.
Lake Country Orange Light Cutting Pad (3.5") - a light cutting pad designed to remove moderate swirls and scratches with a medium polish
Lake Country Snappy Clean Boost Pad Cleaner - a citrus degreaser designed to help release product and contamination from foam pads