Not quite. It's actually using diluting animal feed molasses with water and soaking the parts while the molasses ferments. Slow, but we'll see how well it works.
http://www.youtube.com/watch?v=KZCFcxf5IBw&feature=relatedI deal with paint and powdercoat vendors at work, but their pricing is still more than I want to spend. I need to inexpensively remove the rust to determine if the panels are worth saving.