I've done it, and once you get that first stitch out, the stitches just pop out one by one. You can pick them up as they come out, and you won't have to worry about losing any. I think that they're pretty easy to grab because they're a bit stretched out from passing over the needle.
"Trust the pattern!"
Time flies like an arrow, but fruit flies like a banana.
Hop aboard while we follow the cloud-covered van of knitting harmony, man!! Woooo!! --Hedgehog
IngridKH on Ravelry