Hi Michael. Lots of classical techniques can transfer to steel string. I'd never recommend anyone using fingerpicks though. I've been using them since I was about 15, and they are certainly a part of my style, but many wonderful players just use bare fingers and get a great sound. The "Burl Ives" excercise I talked about is exactly the same on Classical or steel string. Just keep the fingers real close to the strings. Many blues and folk players lay their little finger on the guitar so that their hand doesn't "float". Also gives an "opposable" feel when your really "digging out" notes and going for a lot of dynamics. Some players would never think of leaving their pinky on the guitar. Diffrent strokes....

Rick