Hi John, been there myself for two years ago and this is how I solved it, first I bought a small compressor (2.0 hp) that I gave away to my neighbour the next week, the other one (4.0 hp) was also to small so I sold it to a friend for tire pumping etc.
Then I bought a used 4.4 kW (5.5 hp), 53 gallons tank that flows 18 cfm and I set it for 140 psi and it works for me. Payed like $ 300 for it. This is a 400 volts machine.
I would aim for a 5.5 kW (7.5 hp) with a 70 gallon tank if I would get a new one, my 4.4 kW has to work pretty hard to keep up with the blaster. But they get really big, over 440 lbs!
Try to stay away from HF and get a quality compressor, a china compressor does not have spare parts and if you change oil and filter and empty the tank from water on a regular basis they will last for long. It is like welding machines, better to by a used proffesional machine instead of a new china crap!
P.S. Remember not to use the small sized hoses like 1/4" and so, get up to 1/2", otherwise you will loose a lot of cfm, and keep the hose short between the compressor and blaster tank, no need to have 100 feet if it is enough with 25!
This is the type I use:
http://www.defenda.com/shop/3246---gebe-kompressor-powerair-200/5-5t4/