Originally Posted by BSharp
Originally Posted by TJP
I have always preferred the Spring loaded-clamp type that holds the screw by its head.


Something like that Klein may be the ticket. Can it be fitted to a loosened screw to withdraw it? Sounds tedious, but a lot less so than fishing out a dropped screw.

This ring magnet would be a nice fit over my #2 bit and doesn't have a real big OD.



That magnet is a great idea, but the one you linked is only 0.02" inside diameter, might be too small?