I have found over the last 2 seasons that working the pink worm with all kinds of presentation can bring on bites that seemingly nothing else will - mostly for summer/winter steelhead, but also silvers and ocassionally 'nooks. I have enticed srikes during every part of the drift by medium cadence small twitches under a float on a jighead, or drift fished with leader and lead. this right by your waded postion or driftboat and you will learn to get a good jiggin action. One significant advantage of fishing with the jighead is it removes all the slack between the worm/bait/feathered-jig and the float, or between it and your rodtip without using a float where appropriate, and that translates bites instantly.
A great presentation that I have come up with, that often works better than working it as described above, is to put a slight curve in the worm (lots of ways to do this, including on a jighead) so that during a slow to moderate retreive speed it spins/wiggles along, and you can add some twitching to that too. This is the method that has gotten me steelhead and coho in clear water when nobody else could get them to bite on eggs, shrimp tails, hardware, etc. There are all sorts of little intricacies you can learn for adding to worm presentations, that go beyond what you can do with feathered jigs - so much so that I have taken to using them twice as often as feathered jigs now. Also experiment with different colors!