#1
This little riff from papa roach's "Last Resort" is a godsend for training your pinky and ring finger coordination, strength, dexterity, etc.

http://www.ultimate-guitar.com/tabs/p/papa_roach/last_resort_tab.htm

Play the part that says "the speedy part though verse that we all love". However, play all the notes (the 9th fret) on the D string with your ring finger, and the notes on the 9th fret of the A string with this finger as well. Also, play the notes A string 10th fret with your pinky. Personally I like to change the 12, 10, and 9 on the E string to 10, 9 and 7, respectivly. By doing this the song not only sounds better, and has an easier flow, but makes mainly your ring finger and pinky switch move around and hop strings and all. Make sure you play this very very slowly at first and put emphasis on fretting everything perfectly. Soon enough you will feel a burn (like a workout burn).
#3
All of my fingers are pink...

...all 11 of them.
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Ummm, petrol? Nip down to your local petrol station, buy a litre of the stuff and soak your balls in it, light them up and start playing with them.