Ack, last night I was busily knitting away (with beads) and I ran into a KNOT! What the what? Since my beads were strung on in sequence I was highly motivated to fix the problem without having to unstring and re-string them... and I decided to take a video to show you how!
NOTE if you are working with beads that are prestrung in a specific pattern:
You need to cut the thread after you transfer the beads onto it and string them back onto the yarn with that end so they end up in the correct order.