ORIGINAL: gibblet
i can give you tip #2.
do not try enlarging your peep w/ a drill while its on the bow.
there are a few of us on here (me, davec, and a couple others i think)
that could explain in minute detail to you why this is a bad idea.
tip #3: do not remove your old string w/ a pocket knife. yes it happened (not me).
LOL

For some reason I get the feeling you could play the part Chevy Chase did in his vaction movies.