To remove get a very wide tip and flood with solder (or if its wide enough touch both sides of the LED), then slide free from pads and wipe off on sponge. 0603 standards are 1.6mm x 0.8mm, so you need a tip thats at least 1.6mm across to cover both ends at once. Once cooled use tweezers to hold LED and touch with your iron to remove excess solder from it. Store away for use later in a dime baggy or some other container. Maybe stick to some gift-wrapping scotch tape to keep them seperate and make harder to loose.
To clean your bridged pads just clean off iron and touch pads again with the same wiping motion - solder will flow from one pad to another and should clear the bridge and reside on the iron (unless you got a rediculous amount of solder there, then you need a wick or sucker). REMEMBER NO PRESSURE!!! We are talking RoHS compliant chinese manufacturing here..... pads WILL lift!
You shouldn't need any braid, but when using a braid remember to remove the braid WITH the iron or solder in braid will cool, then you have a HUGE point to try to heat back up to remove. There are also solder suckers or 'soldapulits' which work like a mini vacuum. Heat solder and then suck it away. Soaking the braid in flux may also help you as it wicks away the solder faster.
I recommend getting some blown electronics and practise soldering on those before attempting anything SMT/SMD on good electronics. Remember all current electronics are also RoHS compliant - so lead-free solder, which is a different ballgame when soldering to. Always a good idea to 'tin' all RoHS compliant points with non-RoHS compliant solder to make the job easier This post has been edited by ruciz: Mar 28 2008, 12:50 AM