It's more like a compromise.
If you're like me (and I think you are) you find that soldering wires to male headers is very annoying. First of all, if you leave the tip on the header for too long, it will melt the plastic holding it bringing it out of alignment.So, John Fattaruso developed this interesting way of soldering to leads. I personally find it extremely useful and very helpful.
Why would you need to solder to headers? Well, if you didn't solder to headers, then if you plugged a wire into the Arduino, Propeller, or even Basic Stamp, it would easily fall out.
Step 1: Find Your Materials.
A board to test your finished project (Breadboard, Arduino, Propeller, etc.)
Step 2: Build It! Part 1
Then, insert a wire between the bead and the pin.
Step 3: Build It! Part 2 - Squeezing and Soldering