Yes - I keep saying float fishing for coho is like indicator/chironomid fishing for trout - except coho might even be a bit more difficult!
Totally agree, this was the discussion we had at home last night after spending three mornings in a row to beat these finicky biters. Out of all the fisheries around here, I'd say these early coho salmon are probably the hardest to hook, and land. It's so hard to get up insanely early in the morning (for this lazy sloth anyway
) just to be given a few chances to hook some fish. Each trip most of the float dives come up empty, the hook-set is too soon, too late, too hard, too light. Each time we go home and try to perfect that hook-set by modifying the bait size, hook size, float size. Each time we go back in the morning thinking that today will be the day, and after an hour we're back to square one again.
But when the rod arches once awhile when that hook-set is bang on, it feels pretty damn good. It feels even better if the fish stays on until it reaches your feet. Just as addicting as gambling.