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The inshore cod population is so low that it is not worth it, has been for a long time.
People tell me here that they use to commercial cod fish in the outer harbor off East Chop... but that was probably in the 50's/60's time-frame.
As depressing as that sounds...We got a couple keepers this fall while tog fishing. (on green crabs!) Next year I may put a clam on a dead stick just for the hell of it. So, maybe there is hope of a comeback someday...but unless you plan on fishing when you are 150 years old, I would bet it will not be in our lifetime.
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