Good luck bildgerat, I hope it is a winner for you. I fish a few old res's that give me the same snot algae problem you have. I may take a page from your book if you don't mind and try it out.
Man, I did a dumb thing with that statement to bigerat and didn't answer the question! My sincere apologies!
EDIT: There are many reasons why and you've just read a lot of them, but put this into perspective: The jig is one of the oldest lures known to man and to this day, catches huge fish with no explanation why.The Zara Spook has been around for almost 90 years. Both lures aren't very glamorous, but they catch big fish.