I was recently playing around with a $5 wally world slingshot, and thought to my self, "this would alot easier to pack without the wide handle and wrist support" So I went out to the shop with a hammer and chisel. I took the cheap plastic handle off, as well as the wrist support. then I used a paracord weave on the handle, with a wrist lanyard to finish it off and provide a little support. I will try to take some pics later on tonight, but for now, here is a shot of what it looked like before the mods.
http://www.marksman.com/newimages/3040.jpg
http://www.marksman.com/newimages/3040.jpg
Makes em easy to pack and gives you a bit more power with the wrist support.