There is a new idea which may be the answer to the ultimate finger pick , they have refined it and it may be in production soon and for sale to the general public . I intend to get at least two of them and try them out as I feel the metal picks are brutal to me as I have sensitive fingers. One aspect of these picks you can down stroke them and not lose the picks from the fingers. They will not suit every one but I feel it will be for the guitar more than the banjo because of the metal sounds better against those strings but hey we might have a revolution her with these picks/ any one interested can type in or google Gus Gustafson ultimate fingers picks and you can see them and see them in action.
http://www.kickstarter.com/projects/157 ... -pic/posts there is the link for those wanting to see the picks