Saw this over on the Goldbourne forum posts #4,5, & 7. It does look like a way of reliably adding length to component leads.
http://golbornevintageradio.co.uk/forum ... p?tid=3988
I have a simpler way of making the tool though. Take an Eclipse type pin vice and grind down the tops of2 of the 4 segments of the chuck. Grind down the inner edges of the the 2 remaining sections to accommodate the diameter of the added wire. Place the pin vice over the component lead and tighten the chuck enough to still allow free rotation of the pin vice. Using a pair of pliers hold the new piece of wire along side of the component lead. Push the pin vice onto the component lead and make sure the new wire sits between the 2 raised jaws of the vice. A few turns should produce the same results as the original tool.
I hope that all of that makes sense as I cannot draw to save myself.
One further advantage of this method is that I sometimes struggle to find High voltage electrolytic caps with wire terminations. This wiring method would be suitable for PCB mounted caps.
Al