Watched the videos and in one ( around 8:17 ) you can see the fish go for just the cut bait.

Looks cool though. Some times I will leave a dangler while I go do my thing. One season I think I caught just as many on the setup I left dangling. And since I rarely usually use live bait but I'd try one for when the fish only seem to want live bait. Mostly just to say I did it.