I have a Znex ZX9411 air sander that I think is my favorite tool of everything I own. It comes with 3 quick-change Roloc disks. Get the good roloc disks in different grits and some metal finishing pads for it and you can make a weld disappear. You can also get bristle disks for it that are handy for stripping paint, removing old gaskets, etc. I used mine this evening to clean up the gasket surface on an oil pan. The coarse, purple 3" 3M sanding disks cut as good as a grinder. Watch the edges of those disks though. A few months ago I was using mine under my dash and it jumped off of what I was grinding and made it's way about 1/3 of the way through my finger. It is a well made tool and I would get another one if mine died. Here is a link to it:
http://erisautomotivetools.com/ZNXZX9411.aspx
http://erisautomotivetools.com/ZNXZX9411.aspx