Luster's post brings up a very important aspect of this that is rarely addressed; whether you're rotary polishing, wet sanding or doing anything else, it isn't a matter of
"I didn't go through the clear", it's a matter of
"how much clear did you remove?" Look at the service manuals from virtually any auto manufacturer and it will say something along the lines of "removing more than 0.5mil of clear will require a refinishing of the vehicle".
Consider that the average factory clear coat is approximately 2.0mils thick - that's 2/1000 of an inch. Not much. Consider further that the clear coat provides the UV protection that keeps the color coat below from fading and/or other damage that can lead to problems such as delamination of the clear. Problem is, as the clear coat dries the UV protective components tend to migrate toward the surface. So removing half of the clear removes more than half of the UV protection. And what of that almost universal admonition to not remove more than 0.5mil? Yeah, that's only 1/4 of the total clear coat. It's 5/10,000 of an inch.

People tend to think they're perfectly fine if they "don't go through the clear", but you don't need to go all the way through to run into problems. True, going through the clear poses a problem
right now, but thinning it down to almost nothing poses problems down the road. Chief among those is premature clear coat failure.
And we all know how easy that is to stop once it gets started. :cursing: