Not with a worm weight, but I have done something similar for a weedless wacky rig. If you use a slightly bigger finesse hook, you can run the hook point back through, Texas style, with no issues. If I ever needed weight, I'd just add a nail to the bait or use a wacky jig. You can also just add some split shot close to the hook or wherever. Helps on a breezy day.