Vindicated:
For a better grip on the Spark Lighter, drill out a wooden dowel, cut up a popsicle stick and glue the pieces into the drilled hole so that the Spark Lighter fits snugly and doesn't twist when using it.
You can make the hole in the dowel as deep as you want so long as it does not impair your ability to thumb the wheel. You can cut out a groove in the front of the dowel to allow a full flow of sparks and you can also jam a small piece of the cotton in the groove while the rest of the cotton hangs out of the groove. In this way, you will be sparking the same area consistantly, and still be able to pull the lit cotton out into your waiting tinder pile.
Good luck!
Bountyhunter