I've found jigs that I like with hooks that aren't junk and I gladly pay 75-80 cents a piece. A good hook is what raises the price of a jig, but it is worth it. Buying all the crap to make jigs isn't a problem, it's the time. With a career, 3 kids, and wife I don't have time to piss around with it. I wish I did.
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As far as painting goes, why can't a guy just lay a row of hooks on some cardboard with a long strip of tape over the hooks and and spray away with a rattle can? Flip them over and hit them again. Wala, paint a hundred at a time. Maybe a paint sticking issue?
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I did look up spray painting and I see you need a base coat, then paint and then maybe a clear coat. Maybe more of a hassle than powder paint.