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Personally I wouldn't like the weight hanging off the hook like that.....I would just replace the front hook with a snag weight treble. Problem solved....
Thinking of making a couple.. for my self.. I got a net craft tackle tool and can form eyes in wire.. all I need is a wood mold to make it so the wire will have lead on it.. I figure the split ring were the treble is attached is best attachment point so far.. but instead of a hang hook I attach the wire like a treble.. to bad snag hooks are illegal to use here in michigan or that would be a great idea.. tell you the truth..
i did the same thing 20yrs ago. i used rattle traps and "suspenda strips" though.
Nice concept but $5 for a couple of bullet weights and a few inches of wire? Screams DIY to me. You could upgrade to tungsten and downsize the package. Wait till I get home, the workbench is callin'.
I like the easy on, easy off of the "clip-ons". If you stick on tape or weights then you gotta peel 'em off when you use 'em for open water. Besides, I've been the tape route and if you're looking to add significant weight it's expensive and a pretty thick pile. I also think the swinging weight self-centers based on the lure drop. Just thinking out loud like you guys...