I'm relatively new to tractors but my Kubota 3540 is similar in size to what you are looking at. I have a Landprice blade with 3 hydraulics that is really great for grading. (I also have the bolt on sides that make it into a poor man's box). The 3 hydraulics allow for tilt, pivot,and offset of the blade. Of course you need to be able to get 3 sets of haudralics to the rear, but this is the best part of the investment I made on the tractor. (You'll really appreciate it plowing snow in the winter, not having to get off and manually pivot the blade!)
I have a steep, twisty, 1/2 mile long gravel drive. With this set up I can do a 'clean up' grading in less than 1/2 hour ,and a really good re-do (like after a big storm) in about 90 minutes.
For a clean up/tidy up, follow Piloon's excellent suggestions above (reverse the blade, drive backward). If you have a heavy blade like the landpride it will smooth things up.
If you are doing a regrade, do half the drive (i.e. left side) at one time. I set the blade forward, offset it by about a foot, and drive forward, with the tilt set to match the crown. This will dig up some of your gravel, which will allow any ruts to fill in. Then do the same for the other side of the drive. If you angle the blade to the center of the drive, your loose gravel will not run off the sides.
Then finish up by doing the clean up approach above , plowing backward.
Tip -- it really helps to do either type of grading just after it rains.
Tip 2: to test if you have it really smooth, lift your blade and just run your tractor a bit fast over your drive with your FEL attached and set in the low/safe position. The tractor will bounce lightly on any unsmooth spots which need more grading.