I used some last year. I needed hooks, the only ones at the shop in the size/style I was after were red. I bought 'em because I figured It wouldn't make any difference...
It didn't.
I fish for channel cats, smallmouth, largemouth, blugill and crappie.
I use the same rod&reel, same hooks, same bait for all of the above. I use different rigs, fish in muddy water and clear.
In ponds, lakes, creeks and rivers... morning, afternoon and night. (I love summer.
)
I used 'em for the latter half of last summer, and on average, I didn't catch any more or any fewer fish than I usually do.
(I haven't come home w/ an empty stringer in a long time.)
I think the vast majority of fishing equipment is better at catching fisherman than fish.
All of the fishing equipment I currently own cost me less than $50.
I generally catch more fish per outing than anyone I know, and have had several tell me they wish they could catch fish like I do.
Rod, reel, line, hooks,sinkers (depending) and nightcrawlers.... That's all.
I don't even own a tackle box. Not counting food and drink, everything I need to fish all day will fit in my pockets.