Is this even repairable without a repaint?

Ugh... what did I get myself into?
I've been detailing professionally for 9 years and I'm always getting customers who want their car detailed before they sell it.
Inevitably I'll find one I'm interested in buying and I'll score a great deal.
I bought this 2001 Sport Trac but the paint was atrocious.
I've clayed, cut and polished this thing to where it's a perfect 6-footer but any closer and you'll see the white spots in the paint (click the link below - it's not letting me direct post imgur photos).
Those spots aren't chips - they're perfectly flush with the finish - I think they're just effed up clear coat
I think wet sanding is my next step but wanted to get some input and see if there's any products anyone can recommend for correction?

http://imgur.com/9ydlhVW

 

Looks like a repaint is in order.

 

Okay, so - just because I don't like to leave folks hanging:
I'm selling this truck anyway so I was just using this truck to experiment with different techniques that I've been too afraid to try on say Mr. Golf Course Owner's Maserati.
I scratched one of the white spots with my fingernail and the "paint" just disintegrated down to bare metal.
So yeah, definitely would call for a full repaint but I'm going to try hand sanding the worst spots with 120 grit on the end of a pencil eraser, filling them in with glazing putty, and painting over them with touch up paint - if anything there's about 40 spots for me to practice my touch up painting skills. Will post before and after pics to show off my $10 paint job