I love the small wakebaits. In a tourney it's almost always good for a keeper or two. The only tourney I ever won was on an H2O wakebait. I usually don't wake them, but they are great when you want something that won't dive down into the grass or fishing a super shallow point early. Also schoolies.
Brad, those custom-painted wakebaits look amazing. Those appear to be painted on the blanks they sell on several Internet sites. If so, I will vouch for them being fish-catching machines.
Also, the H2O wakebaits are great. I use them a ton in ponds where there is a lot of vegetation, and this past week I was in Navarre, Florida and caught several ladyfish on the H2O coastal wakebaits. This one in particular was quite hungry for the pinfish wakebait.