I use circles almost exclusively, Gami 7/0 Circle Octopus. Have had great success with eels, chunks, sand eels, sea worms.... Almost never gut hook, and can't think of any lost fish as a result of circles.
Trick is to just reel without the set. Almost always hooked in the jaw. Last night as I was rigging Sluggos for the first time, I realized I don't even have any non-circles any more....
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