I was waiting to bring this up till I had it done.
At most good hardware stores they sell aluminum flashing. About a foot wide, multiple lengths but usually around 10' per roll (I got one for around $8). Take some of this, lay it out flat. Then get some 400, 600, and 1000 grit wet/dry sandpaper. Keep the surface wet, and sand the sheet. I find it best to always go in one direction with each type of sandpaper. So lengthwise with the 400, then width-wise for the 600. This will make it easier to determine when you have removed the scratches from the previous paper. Then get yourself a buffing wheel (they make ones that fit on a dremel that will work well or for a drill) and some buffing compound. Harbor freight sells everything you would need for cheap. Be careful when buffing as the metal will get hot and too much heat could cause warping. You can always put water on it to cool it down, but make sure its dry before you try to buff again.
Now for MH you can probably skip this part and just hand form the rest, but if you do this for any flourescents it will be helpful. Roll the aluminum around a piece of PVC to get something close to a parabolic reflector. You don't need to mimic the curve of the PVC exactly (think back to algebra class and the graph of a parabola, try and mimic that shape using the pipe as an aid)
As I said, I have not done this for a reflector yet; I am hoping to have time next week, however I have polished the intake on my truck this way. Just remember to take your time and don't expect it to be the holy grail of relfectors.
Also, avoid the diamond plate. That stuff is expensive and hard to work with if you don't have the right tools.