Interesting that Philip uses the Ice--
Makes me feel somewhat better that someone who's opinion I trust and respect uses it also!
I use it, but always felt like I was cheating and using an inferior product compared to Meguiar's, Mother's, etc. paste waxes.
+1 to what Philip says---goes on very easily and beads the water nicely. Doesn't whiten rubber trim.
IMHO, if you have a 2 stage base/ clear paint the Ice works very well.
If I were one of the fortunates that still had original Amino Alkyd Enamel paint, like Jim2 or Cliff, I'd be using the paste waxes. Original paint done with it is like no other---I admire the paint on Jim's car (Fiona) each time I see it!
Maybe when I retire I'll get into waxing with the real thing!