Sam told me I had to try the Dip-It from Target.
It works very well. Is that a surprise? It is a lot quicker than the foil method. The little bristles do a great job of scraping away polish and glitter. Everything is contained in a cup and you don't end up with residual polish on your cuticles and glitter all over everything. There is one downside to this though.
Ultimately, I'm lazy and while the Dip-It takes less time, the foil method requires less scrubbing on my part and the acetone doesn't get all over my fingers. I'll keep this around and continue to use it because it's not bad but I'm only using it for glitters.