I had my hood soda blasted, and you are right in saying that it didn't prepare it for paint. Soda blasting did however do a very good job at getting rid of bondo, and layers of paint. It just doesn't have enough bite to get rid of the oxidation or discolored metal. This could be a good thing though, since there was no risk of panel warpage. I'm getting my engine bay blasted, and the blaster thinks that 40/60 silica sand will do the trick. Some blast shops use 20/40 silica, and this can very easily warp body panels, as I learnt from doing my air cleaner lid.