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.
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9’ 1084 IMX Loomis Rod. 12Lb Maxima Ultragreen line and leader. Yarnies with Shrimp or Eggs. Corkies in Pink Pearl or Peach color. Hollow core pencil Lead on a dropper off your swivel or Slinkies on a slider. Thousands of Steelhead have been caught on this system. Thousands more will be caught in the future. It does not get any better with this technique. Keep it simple. Bobber Doggin. All it is,is Drift fishing with an Indicator/Bobber. Steelhead aren’t that hard to catch. They are ready biters. Just figure that and how to read and fish different water conditions and you will have it made. 
Yes, the Loomis IMX 1084C is the ultimate drift fishing rod in my experience. I highly recommend starting off with and learning to use a bait casting reel for bank fishing steelhead. Once you get the hang of it and learn to consistently cast without bird nesting your reel, you can spool off line toward the end of your drift to extend it down the hole, all the while having your thumb on the reel spool to gradually let out line if you want and then press down hard on the spool to stop it and set the hook when you get a bite. It takes some practice, but to me it's much more fun to play a fish when I can use my thumb to add additional pressure especially when it comes time to land the fish. I do use a lot of spinning reels for boondogging out of my sled, but the plays are nowhere near as fun as they are with a bait casting reel. Good luck!9’ 1084 IMX Loomis Rod. 12Lb Maxima Ultragreen line and leader. Yarnies with Shrimp or Eggs. Corkies in Pink Pearl or Peach color. Hollow core pencil Lead on a dropper off your swivel or Slinkies on a slider. Thousands of Steelhead have been caught on this system. Thousands more will be caught in the future. It does not get any better with this technique. Keep it simple. Bobber Doggin. All it is,is Drift fishing with an Indicator/Bobber. Steelhead aren’t that hard to catch. They are ready biters. Just figure that and how to read and fish different water conditions and you will have it made.
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