Hello everyone,
I ran into this tonight: How to properly Clean and Polish - Men's black dress shoes (http://www.youtube.com/watch?v=5zioIw1kCF0#)
While I'm not in the "I polish my shoes for 6 hours every week!" camp (mine get a coat every few for protection), I do believe in taking care of high-quality footwear. I would never do this whole process on a $30 pair of WalMart shoes, but I do have a couple pairs of high-quality shoes/boots that I would do this to every few weeks.
Thought I would pass the video along for those interested. Hope it helps someone!