What saw?

I have a rusted bottle-cage bolt that won't shift and my allen key is just spinning - so it must be rounded. Other folks tell me I need to cut a small slit in the head and use a screwdriver to get it out. Is there a particular saw recommended?
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have you rounded out the allen head?
or is the bolt just spinning with the rivnut?
Parktools :?:SheldonBrown
Drill a small hole and the screw extractor will get it out.
Edit same thing but cheaper
I got the problem with the rivnut spinning in my wifes Trek Fuel. Its driving me to distraction. Any tips?
http://www.ridgelineownersclub.com/forums/showthread.php?t=15647
Or buy ones of these and pull the nutsert up.