Ask 100 guys and you'll get 100 different answers so here's my take on it. I'm old school when it comes to drift fishing. I stick with #1 hooks when fishing nickel sized spawn bags, squid strips or straight dime sized pieces of prawn the few times I use them. I bump it up to a 1/0 when using sand shrimp the slightly larger gap seems to hold the shrimp better. But the majority of the time I fish a simple corky and yarn combo. For that I use #1 hooks but stick to the old adage that the corky and/or bead must just pass between the hook point and shank. I peg my corky/bead with yarn. After threading it on my leader I take a scrap line double it and pass both free ends through the corky stick my yarn into the loop and pull it into the corky when it is nearly through the corky just drop one free end and pull the scrap line out. This is will hold your corky in place without damaging your leader and it is adjustable. I set it about an inch or so above my hook add a touch of scent and it's good to go. As for what else you can use is only limited by your imagination. There are dozens of drift lures, Spin N Glo, Wobble Glo, Spin Floats, Corkys, Gooey Bobs, Yarnies, Puff Balls, Hard Beads, Soft Beads, and Hybrid Beads are just the tip of the iceberg. I've experimented with rubber worms, curly and straight tailed grubs, crappie tubes and even Gummi Bears (red seems to work the best). Keep your leader length reasonable mine are generally about the 20 inch range. Use the type of weight you feel comfortable with Slinkies, Pencil lead, split shot and others all have their pluses and minuses. As does how you attach your weight be it a simple snap swivel, rubber tubing or one of the newer drop swivels. Just use enough weight so your rig glides through your chosen water how much is variable start out with what you think will work if your pounding bottom and hanging up keep on using less weight till your bait glides through without a hitch then add a touch more weight so you tick bottom every several feet. Good Luck.