I don't know how new this bottle opener is to the market, but I picked one up at my LHBS last week.
It is wonderful!
It is a spring loaded plastic cylinder that removes the cap by prying the crimp back from opposing sides, without deforming the cap itself.
The used caps come off looking just like new ones.
I sanitized a few of them and tried re-capping them....THEY WORK LIKE A CHARM!
I'm recycling bottles AND caps now...what's next.