I hope so , I just ordered one the other day. Set up right you should you should get a lot more lip hooked fish. Also bought a bluetipz and just have to figure out how to combine the two.
Yes totally legal works basically with the same principle as a downrigger with the rod bent over and line in release clip. Been using them for years with a lot of success. The secret to success is really in the rod action and matching it to the species of fish for the proper hook set. Also getting the trigger tenting down pat will help. Keep adjusting you'll get em!