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The problem with spikes is anything and everything will eat them, so if you are targeting crappie you will spend a lot of time dealing with 4" perch and 5" bluegills, that is why my first choice is a minnow then a big waxie. I'm not worried about rebaiting, I buy waxies in bulk 500 at a time.
For crappie my first choice is 1. minnow, 2. a big waxie, 3. spike. I would even go as far as to say for crappie I would go with plastic before I would try spikes. Now for Bluegill my first choice would be spikes.