I've actually been meaning to write a post about this for awhile. I got a bunch of Speedhooks several years ago and just tried one out the first time this last fall. These things are very effective. Much smaller too, you can fit a half dozen into a flat 2" x 7" bag. Tried one out in my stock tank (pond for you northern folks) and it worked very well. I was just catching perch, but I even set it to a light enough touch that I caught a fathead minnow. Normally those guys can strip the bait off a hook in a few seconds. Could use the minnow for bigger bait or eat it if you're hungry.

I was really impressed with how well it worked. Very simple, stainless steel, low bulk, and no coil springs to wear out. I just found they have a website now.

speedhook.com