i would rather that my knot remain tight against the eye of the hook. that way i can cock the jig and keep it cocked. this results in way better hook ups.... and in my mind... better action........the float and the underwater currents imparts the action on the jig not the jig imparting action on itself due to a loop knot. that would cause the jig to hang vertically too often which is just the opossite of what i want my jig to do

i forget the name of the knot that i use but it is from rob crandell i believe and it begins by running the line thru the eye twice to make a loop, then tying a regular cinch knot and running the tag end thru both the first loop you made and the normal loop created when tying a cinch knot. it has the strength of a double knot with out the bulk or three tag ends of a rivers inlet knot
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"time is but the stream I go a-fishing in"- Henry David Thoreau