I have also pondered this but never tried it. Take a regular tipup and put light tackle on it and set it so it will go off at the slightest bite. Thats my take on it. If it works let me know.
I use a 10 lb test in a 2 lb diameter and tie on leaders for everything. You can hardly clip this stuff. Pike are another story. Last great too. Ive had same line for three seasons now. So worth the money. JMO
Ryan. I find that it depends on the lake. Like daytime. Drill n search. Find em and your in. Example: i fish crappes in 35 fow on a lake day and night. Another i fish i get them along weed edge in16 fow towards evening