nononono!

Use the right tool for the job! Get something like this.. but whatever the version of it you have in you country is.

http://www.sears.com/shc/s/p_10153_12605_00952157000P?mv=rr

These things do work, never failed me. I only ever have to drill out rivets nowadays.

That being said, with my WS/PSQ/whatever of the two it is, I took the short w/ wide head screw out and cut a small slot in it so now I just use a flat-bladed screwdriver to get it out.