It sure is. I've done it a few times. Depends on what your starting point is, if it's got scratches you'll want to start off with a coarser material and then step to finer until you get a mirror finish. Then polish with autosol or similar, then give it a few costs of car wax to seal it and make it last longer.
Scotchbrite pads would be what I'd use, unless you have some polishing mops you can attach to a drill.