Now where did I put that 6X48 nut?
Its a great idea if you have one, but you still have the problem of hanging onto the tiny screw while grinding, and just about the time you are close it grabs and is gone into the cosmos (oh, how would I know.....), often to never be seen again, even if held in pliers or vise-grips.
Best of both worlds, put it in the 'tool' I described and put on a nut. Sometime take an old hacksaw blade, duct tape over the teeth for a handle and stick a small screw through one of the holes and try it out. I think you will like it.
PS: Dont forget the 'thumb pad'.