I LOVE, LOVE, LOVE the Rip Tweezer.
http://www.nancysnotions.com/product/rip+tweezer.do
At first I thought, why do I need both in one? I have each separately. Well, it is an excellent small tipped ripper - very easy to insert in small stitches and the tweezers are well made and easy to use. When I need to thread my sewing machine, the tweezers do an excellent job. I have 3 and am going to order a couple more while I can get them. FYI.... I just cannot use the galloping horse theory for my piecing. If I can see it clearly from a couple of feet away, then it has to be fixed.