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Did you know that carpenter's pencils are that size and shape for a reason? Apart from preventing the pencil rolling away, the pencil is exactly half an inch wide by a quarter of an inch thick and so can be used as a measure of those sizes should the need arise. They can also by sharpened in a variety of ways to perform different functions.
Just another snippet to regale (bore) your grandchildren with. Remember. You heard it here first.
I always thought it was just more comfortable behind the lug'ole,