I know this is an old post, but since I'm just now reading it, maybe someone else has the old-and-slows, too.
At any rate, I've rust-blued several guns. The formula you use will determine the work, but since I tried Mark Lee Express Blue #1, I quit trying other stuff. It will also work for browning if you don't boil it right away. (Comes from Brownells'). I've tried polishing to 600, 400, and 250 grits, and just draw filing. The rougher the surface, the better it seems to work. Probably because the surface gets cut down to clean metal with rougher grits, but the final result isn't much different with the extra work, and sometimes it makes it worse. Draw-file jobs always seem to come out looking really good.
The way the stuff works is, you use a heat gun to apply the first 3 or 4 coats, carding with a fine wire wheel at slow speed, then boil it for 5 minutes. Card, apply, and boil, etc.
Each time you card it, it burnishes it smoother, so the extra work to buff it beforehand is useless.
To stop the process, or quit for a spell, like overnight or next year, clean, oil and/or wax.
If you have a double bbl, or another rib with gunk under or between the ribs, if it runs out when pulling it out of the boiling tank, it might turn brown and leave that stain, but some sanding there, another coat and wax on the whole thing sort of lets the dirty hater run off over the wax that comes out of the pores of the metal, preventing more stains. -Just a trick born out of desperation.
As far as wax goes, I like Johnson's paste wax, but only if I can get it on a hot bbl, or heat it to liquid after putting it on. That will be sure to get the moisture out. Otherwise it might rust. -Learned that on my lathe before leaving home for a month, then had another job to do.
As far as the old processes or recipes, horse urine is supposed to be a good "rusting agent", and if you can get the old nag to hit the bucket, there ought to be enough to keep you going for quite a while. Haven't tried that one. But there is an old book of bluing and browning formulas laying around here somewhere. ...so many drachmas of lunar caustic, so many gills of sweet oil of vitriol, etc. All greek to me.
Though it doesn't produce a deep shine, rusting it will give a nice "sheen". The metal that shines the brightest is easiest to mar the finish on, so the rusted surfaces are real durable.
Interestingly enough, any parts with a rust patina that isn't sanded off first just end up being brown with a satiny sheen from the burnishing of the carding wheel.
I don't even want to go back to hot caustic salt bluing. I like rusting that much better. Except maybe sometimes nitre-bluing for something not heat critical (screws, mostly).