That looks pretty good, though how do you go about it without the fancy buffing machine? Microfiber cloths and a free weekend?
My own belief is that red is more prone to fading and not just in cars, because colours from the red end of the spectrum absorb a lot more blue and UV light, with the UV likely doing the damage.
Anything you can do with a random orbital or rotary polisher can be done by hand - It just takes significantly more effort and more work. Ah, honestly, I'm not really up on it - I've never liked red cars enough to actually want one and research paint care for one!