I've been wanting to make some aiglettes for my points, but I wasn't happy with any of the points I had. I had some 1/8" ribbon that was too flimsy, and a lot of black cord that's really stiffer than I'd like. I didn't want to spend much money, so I decided to finally learn how to learn to use a lucet. I experimented with a lucet made from a pair of chopsticks duct taped to an old cordless phone battery with great success. I then made a rough lucet out of a piece of wood I had lying around. It's not pretty, but it does the job. I'll probably make a couple more so I can have a few different colors of cord in progress at the same time.
I didn't want to go to the trouble of making cone-shaped aiglettes, both because I'm lazy and because they were really fancier than I wanted. I procured a piece of 1/8" brass tubing and cut off a few 1" lengths. After threading the points through, I crimped one end of the tubing to keep it from sliding back off. The end result can be seen here.