thats the hook that i use. i do wacky rigging quite often. its very simple. just hook it right thru the middle, then cast it near visible structure (liles, trees, stumps....) and just let it fall. on the way down just give it the tiniest twitches. if you dont get hit on the way down, let the lure sit on the bottom and jiggle it around on the bottom. if still no hits, then jerk it all the way back to the top, and repeat, till you cach a fish, or your retrieve is over. most people use senkos or look alikes for wacky rigging but i suppose you could use whatever you wanted, ive heard of people wacky rigging flukes.
good luck!