Couple other thoughts...
Epoxy cures quickly to a sandable solid, but it can take as much as a couple weeks at room temps to be fully cured. I always suggest you wait to sand until you are comfortable that it is fully cured due to toxicity.
Epoxy sanding dust is the nastiest!!! It gets everywhere and is really fine. If you sand inside, be sure to clean up good and cover your benches and stuff prior to starting...otherwise you'll be living with that dust for a good while. Really annoying!!!
Wear a mask or respirator...be sure to keep yourself covered and wash up after a sanding session to get that dust off your skin!!!
For spar prep, 120 grit on a random orbital sander is fine (IMHO). If you are using a clear coat (and I've never used clear like Doug), I'm a guessing that the 220 grit is probably preferable.
If you are using glass, be very carefull to have enough epoxy build up so that you don't sand into the glass itself. Once you cut the glass with a sander, it will always show in the sunlight no matter what your finish coat is...Juneaudave
