My clearcoat is coming off too... What color is your paint? Mine is the 'astral silver'. It appears to be three layers, a whiteish base coat (or perhaps primer, but it feels like a base coat), a silver metallic layer, and the clear coat. I tryed polishing the exposed silver layer, and didn't get very far... It either polished through to the base coat, or stayed opaque. I suppose thats why the clear coat is there...
As to the clear coat removal, I've been taking off sections by using a 'delicate duty' scotchbrite pad. Its actually so flaky that my fingernails will take it off, but the pad is faster.
Just find the least abrasive thing that will remove it, and use that.
I'd recommend waxing after that.. the metallic layer is probably not super durable, and it needs all the protection it can get. I hope you can live with a 'matte finish' as well..
peace,
sam