Thanks for your reply, bradgrafelman.
Historically, I've been using both a) and b). I was just trying to find a way so not having to list each var individually, especially when the numbers of vars start becoming numerous.
Even though I've read up on extract($GLOBALS), for whatever reason, I still don't get what the security holes are.
Q: What are the security holes of extract($GLOBALS) with register_globals OFF?
Thanks.