I have no idea what speed to use the tungsten cutter(link) at so I never use it, I use the brown wheels that are about 1in. wide for the rough cuts.
I start the cuts on top of the metal and go back and forth till it cuts a line, then I go to the edge and let it follow the line on the edge so it cuts out the line..it goes pretty fast and doesnt ruin the cutter.
for rough sanding use the sanding drum that you can change the paper on, these are ALOT better than the grinding stones in my opinion because the are rougher to get out the ridges the cutter leaves...
for the finer sanding you can use the ginding stones, but if you cut them out good enough the drum sander should be all you need, when your done sanding you can hit them up with the cotton polishing wheels...if you use the polish that dremel sells you can get them as smoooth as glass
