Once I started doing board work, I picked up a few of these cheap, $2 plastic solder suckers. You compress the spring, heat up the pin with your soldering iron, hit the button, and it sucks the molten solder away. Works just fine for replacing transistors and stuff, but when you get to the point of socketing CPUs, it's got some problems:
1. need to add new solder to every pin first
2. has trouble fitting between the 0.1" spaced pins
3, and my main problem: even once the hole seems nice and clean, there's always still a tiny bit of solder between the pin and whichever edge of the pad it's touching. Not enough to even see, but enough that the chip can't be removed. I attempted adding more solder and removing it again, but it made no difference. I tried using the iron to push the pin away from the edge, but it would either get stuck on the other edge or spring back to the first edge before the solder cools. In the end I have to clip all the pins on the chip from the top side and then pull the pins out one by one using pliers while heating them. It's a giant pain.
So I bought a bigger, heavy duty spring loaded $5 solder sucker. It mostly fixed problem number 2, but did nothing for the other problems. Plus it was much harder to use one handed. So I bought a $10, one handable spring solder sucker with a built in heating unit and metal tip, but it didn't do any better, and the added heat started pulling up pads occasionally.
So there only seem to be two other options:
1. buy a $20 soldering iron with a hollow tip and a rubber bulb instead of a spring. This seems like a step up from the other built in heated unit, since it doesn't have a violent sucking action like the spring, but I don't really see it fixing the other problems.
2. buy a ($150 minimum)? 'real' desoldering tool: I'd really rather not spend that much money on this unless it's going to make my life way easier (eg, fix problems 1-3, or at least 2-3). People who have one of these, do you ever have trouble with #2 or 3? Basically, I only want to spend that much money if I can just desolder a PIA from a board by going to each pin for three seconds and then the PIA just falls out and I can stick it in a socket.