What is needed is not necessarily tank size it is free air delivery.
Thus my 3hp 50 litre clarke is ideal for all my needs.
3hp is the largest that will run on a 13amp ring main.
I use mine for all sorts of things. principally suspension components ,carbs, brackets, starter motors, alternator bodies and cylinder heads.
I use aluminum oxide on everything and then to finish off alloy components i use glass bead at a very low pressure. This give a beautiful sheen to the finish.
Alloy oxidizes fairly quickly so i coat it with extra gloss polish, which is not polish but a coating that smells of lighter fluid and that keeps it looking like new for many years. Other alloy components i polish to a mirror finish using a bench polishing machine and again a couple of coats of extra gloss. you can also spray some clear lacquer but the problem is that if the lacquer lifts or is chipped then stains appear very quickly which need fully re finishing so the extra gloss is the best solution as all that is needed is another coat.
Mild steel components are finished in 3 or 4 thin coats of smoothrite. That is all that is needed and waxoil or similar is not required. I rebuilt a car using exactly this and 20 yrs later when i sold it the suspension parts looked like new.
Glass beads are very dangerous to use. The break up at high pressure and the dust can easily enter tour lungs hence glass bead at very low pressure and wear the appropriate dust mask and not one of those paper things.
Using sand to blast is just as dangerous, in fact blasting andything is risky if you do not wear the right filter mask, and the dust gets everywhere!!!
Still one of the best tools you can have in a garage.