Photoshop: Please add a lasso option for selecting vector points

It would save us vector users a ton of time if there was a way to select vector points with something like a lasso tool. For example, selecting the points in the picture below (ie. selecting all outside points of the ring) took me about 30 seconds. With a lasso tool, it would have taken 5 seconds tops. 

I don't think a new tool is necessarily required here - just an option and/or modifier key for the direct selection tool would probably do the job nicely. Perhaps an option that turns the rectangular selection method into a freehand one and/or a polygonal one.