I buy 50lbs bags of black abrasive blasting sand from the local menards for like 5 or 10 bucks for doing blasting on my V8 Beetle
http://www.v8beetleresource.com
I also have a fancy sand blaster:
And a highly advanced abrasive collection system:
But it does a great job, even with my 5hp 30 gallon air compressor. I just wire wheel as much of the rust and junk off before sand blaster so it isn't quite as slow going:
More pictures of this stuff at:
http://www.v8beetleresource.com/chassis10.html
and
http://www.v8beetleresource.com/chassis13.html