Howdy,
I feel all your guy's pain.
ALL release clips currently & previously on the market SUCK!
I discovered this years ago(late 70's) while I worked in a machine shop in Burnaby, around the time I bought my first boat. I didn't like the downriggers that were available either (big-bucks for junk) so I set about designing my own.
Long story short; after designing a downrigger that showed some commercial marketing promise I decided I also needed a line-release to call my own to go with it. This proved a great challenge, as the 'line-release' is the single most critical component of a downrigger fishing system. Many guy's don't realize this.
After much deliberation/design/testing etc. I came up with a simple yet incredibly RELIABLE line-release that showed excellent potential.
It's range of adustability was (and still is) unparalleld. It could be easily set light enough to fish for Kokannee or heavy enough to provide a perfect 'Hook-setting' release for the largest Springs.
The real beauty of it was nothing changed until you changed the setting yourself. Imagine that, a line-release that does exactly the same thing every time until you change it.
The downrigge project was shelved after we discovered the Canon downrigger as it performed equally as well as my design. (crank & brake on the same handle). So I persued the marketing of my line-release after we moved to Victoria in 82'.
Gibb's, Peetz, and Scotty's were all interested. Gibb's was in the process of being sold so they bowed out; Bill Hooson at Peetz was keen on it but business was hurting (1982) and he didn't have a lot of $$$ for new product introduction, so he bowed out; and finally Blaney Scott tied it up for about 6-months while he tested it out and hummed and hawed (his son Ian really liked it) then decided to pass on it. (As a footnote to dealing with Blaney Scott: when I first visited him I also took along a drawing of a rod-holder I had designed - tube type with clamp to lock-in rod & and multi-directional mount. He showed great interest in it. He asked if he could make a copy of the drawing and I said - being young & stupid as I was - OK. He brought back my drawing then handed me a pen and asked me to initial the copy he'd made. Yeah... I initialed it. About six-months later while walking through the fishing stuff at Walmart... guess what I see's sitting on the shelf - my rod holder with Scotty's name on it.)
I became discouraged and the line-release sat on the shelf for about five years till I finally got an invite to go out fishing with a buddy. I brought along my line-release and encouraged him to try it out. After slaying a 27/lb'er (Sooke) he proceeded to loose the one and only prototype I had...
It's been in limbo and naggin at me ever sinse.
Thing is, now that I'm back on the water, and once again forced to 'make-do' with the available junk on the market - yeah... I swear like hell too when mine lets go for no apparent reason - I'm thinkin' again that I should do something with my invention.
Maybe time to give Bill at Peetz another call.
Cheers,
Terry