I'll just second what Benny said, and elaborate a little:
That size compressor isn't "bad," but I don't think its Free Air Delivery rating (100 CFM) will be all that efficient. With the smaller nozzles like you have, you might not run out of air, but you won't be stripping as much surface area in a given amount of time.
According to the various charts I've accumulated since getting into this, a #5 (5/16") nozzle wants 113-125 CFM at 80 PSI, or around 137 CFM at 100 PSI. The 20.2 KW rating on yours equals just over 27 horsepower. To get closer to the 137 CFM, you'd need around a 30.5 HP compressor. For pushing soda (I haven't "gotten into" other media yet) through a #5 nozzle, I'd want a compressor that will give at least 140 CFM, so probably a 40 HP machine, just so it wouldn't have to work as hard to keep up. Most of the companies leasing/selling blasting packages list 185 CFM or bigger machines.
Figuring around 4 CFM per (true) HP, you're probably fine with the #3 (around 38 CFM at 80 PSI, 45 CFM @ 100) or #4 (68 @ 80, 81 @ 100) nozzles. I don't have any figures right handy for those sizes as far as media usage (lbs./hr.) or the area you can complete (sq. in.) per hour.
Dry air is a good thing; otherwise, your media ends up "steam powered."
Hope this helps. Good luck with your new venture.