Great info! I am beginning my banjo adventure. I tried using the finger pics but stopped as they added another very difficult and awkward element to my trying rolls, I do better without them. Your video has helped me shape the pics so much that I am now feeling very comfortable using them.
If you look at other pictures of Earl's right hand you will see the pick blades extend a little beyond his finger tips. That has to be done so you can get enough pick on the strings. If you just play with the tip of the pick you're not going to get much sound.
Just put the pick on your finger and use the top of a hard surface to roll it around your finger. I have found that trying to roll it off my finger or using pliers resulted in creasing the thin metal of the picks. Once the metal is weakened by even the start of a crease, you'll never get it right, throw i away and move on to another one. Just curious, what's white stuff on your thumb and knuckles?