I use chisel tips and I usually burn/melt the edges of SMD LED's w/ my iron, I need to practice that.
I've tried 04xx on a GPU, and luckily it worked. I don't think I used a microscope for that.
I should try something really small on an old junk PCB, with the microscope. And rememeber Obi-wan Kenobi saying to Trust the Force, and use the microscope. Or maybe using the force would be doing it w/o the MS. But I mean moving my hand, based on what I see on screen, that's still tricky.