Caught and released a very nice 8# hatchery brat this morning, with my float-n-jig set up. I tie my own jigs and had on a blood red one, with a sliding, charcoal colored foam float, weighted to netural boyancy. Went through the same drift 3 different times at 3 different depth adjustments before she hit, and that was the only one touched all morning. For the kind of water I fish, only a sliding float will do.
The most important thing to remember about any style of fishing, is that you use what's right for you. When you have confidence in your equipment, you'll catch fish. To each his own and tight lines!