I have anti-seize on my lugs and use the 4-way "tire iron" tool for removal/installation. Once I crack them loose I just free-spin it and they're off in seconds. By the time someone drags their air hoses out, finds their impact and the right size socket, I have already popped the trunk and got the tire iron, spun at least 2 wheels off and have the car in the air. It helps that I've done it about 500 times.
About a month ago I found an 18V, 1/2" drive, cordless impact on clearance at Harbor Freight for $30. I used it for the first time about 2-3 weeks ago to remove and reinstall the wheels on my '02 Escort. It wouldn't break the lug nuts loose, but I think they must have been torqued to about 200 ft. lbs, because they were even tight using my old trusty 4 way. I know they were installed at a commericial tire store using their air impact. When I reinstalled them I torqued them down with the cordless then put the 4 way on them just to see how tight they were and I'd say they were torqued to about 100-125 ft lb. I guess I should have got the torque wrench out to see just how much torque they had on them, but I knew without question they were tight enough and just didn't bother. Maybe sometime when the weather warms up I'll check to see how much torque it has.
I'm totaly on "theholycow" idea, been doing that for years. Never burned any drill and they are all cheap chinese 14V or 18V. For the really tuff jobs use a very pratical, also cheap, electric impact wrench. So ni need for compressor or anything else. By the way it's a 12V unit. So don't need wall socket also.