| I recently ran into this problem on an old Peavey. The screws (actually 'all thread' ) weren't really rusty, but had corroded a little from perspiration or whatever and had frozen up. I took the saddles off, put them in a paper cup, and sprayed them very thoroughly with a penetrating spray called "corrosion x". This stuff is great. After about 30 minutes, I was able to loosen the screws with an allen wrench and then remove them. Some of them came out better turned on through the bottom, some better backed out through the top, but they all came out eventually.
Products like WD 40 just don't do the trick. You need something powerful and dedicated to cutting through corrosion. Of course, if the corrosion is bad enough, you may have to replace the screws, but they are pretty cheap.
Hope this helps.
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