Never used micromesh, but I understand it's a bodyman's product. I once got some less-than-sticky PSI disks from my BiL the body and paint guy which had a color to them. The color dust revealed scratches that were deep enough to cause problems with the next grade of paper. Might be the same here. I agree, flow the stuff off. If air won't, use liquid. Or accept that the lingering color (other than in the pores) is doing its job telling you you need to spend some more time.
Velocity, of course, has nothing to do with heat build. It's how hard you press. Sand with the grain and disappear the cross-grain or circumferential marks. Doesn't take beyond 320/400 to fool the eye on most woods.