I give up.
I've been thinking about this, and then ... looking into it on various websites, and ... still cannot come up with a single reason NOT to stick the o-rings on the shank of the bit, as is my practice.
Why do you think it's a bad idea ?
It's advocated in several places, including ....
http://www.routertips.com/index.htm
I can see putting the oring in the collet - that makes some sense. It makes no sense whatsoever to put the oring on the bit shaft. This would not even fit in the collet. Having the oring in the collet would at least let you tap on the bit to free it up. You could use a piece of wood or not depending on how much value you placed on the bit in question.
I'm thinking the same thing. PC routers have the stickiest collets I have worked with. I just give the bit in router, the whole works, a gentle "tap" on the edge of my bench and voila, its free 98.7% of the time. Yes, just give it a smack. Don't be afraid, don't be too gentle. Let it know who the boss is in that shop and next time it will think twice about sticking. If that doesn't work I pick up a cut off and show it some more love. Whack! Not with a 20# sledge mind you.
Yep, that cracked me up to. Sort of like going to the ER room if your Viagra last for more than 6 hours--it's never actually happened.
I've got a Makita with a stuck bit which has withstood all solutions. I can't imagine applying anymore force without the motor turning inside out....
-Steve
I was referring to the info on how a self releasing collect works. Not saying that all the other suggestions given don't work. But in my experance 99% of the time you just need to keep turning the nut for the bit to release. I'm sure using a pry bar and a hammer would also get the bit out.
"Remember back in the day, when things were made by hand, and people took pride in their work?"
- Rick Dale