For me, here goes:
Rod: 6'9" CastAway XP3 M spinning rod.
Reel: Shimano Sedona 2500FB
Line: 8-10 lbs. P-Line Fluorocarbon
Weight: Quick Drop Weights; size depending on conditions
Hook: Gamakatsu Octopus Styly hook; size depending on lure size and mood of fish
You can get the quick drop weights by going to tacklewarehouse.com (David, don't shoot me on this one). I have used them for a while now, and they were created by a buddy of mine from Washington State, Marc Marcantonio. He was tired of the round ball style and the "bass casting" style weights...........they have no feel or get hung. So, he developed a compromise between the two, which allows for less hanging and more feel.
As for the lures, I use mostly Zoom Finesse worms, but I have tried "gobies" and crawdads.