>>> What is the Leather eraser-4 exactly?
http://www.leatherdoctor.com/leathereraser-4/
>>> Just some sandpaper?
No sandpaper of any kind including 'Magic Eraser' is to be used for cleaning.
>>> Wont the eraser change the appearance of the seat, this I should use the eraser over the whole seat.. Right?
To remove sticky residue to improve appearance concentrating on soiling areas and whole seat to remove aged and unwanted conditrioners.
>>> The Eraser is used to help remove the slime that will show when removing sweat areas?
Right!