Re: Is there a tool\stripper for cloth covered wire?
Yip. You kinda got the picture!!! LOL!!!
I've not had the privilege of using this wire (Amazon will not ship the stuff here for some obscure reason and the only stuff that StewMac had in stock at the time was like a roll of 10km or something!!! LOL!!!). HOWEVER: I've worked with something similar before (not on guitars though). So here's a little hint. You're not supposed to strip this wire but push back the cloth covering, solder, then release. It's not quite that easy though. So you can use something like a paper clip, crocodile clip (from your multimeter), or even a clothes peg to hold back the cloth covering while you're soldering. Then simply remove and there you go. And if it's a short length: you have to clip on BOTH sides of course otherwise the covering moves off the opposite end of where you're working.