In my experience, it depends on what you are going after. I tie my dropper loops like the ones described above, but I may decide to use only one, or perhaps as many as five depending on what I am targeting.
For schooling baitfish like macks, you are essentially tying a sabiki line with easily removable hooks. For larger fish in a situation with stronger currents, I may just tie one dropper loop and then have a longer leader below for a torpedo sinker to drift with a greenback or sardine for something bigger.
Finally, if you tie a dropper loop with longer tags, you can cut one end of the loop close the the main line and then use the other end for a snelled hook. I have a drift rig that I tie like this with fluorocarbon when Halibut are wary. You can then attach a stinger treble hook to ensure that short bites get the job done.
Good luck!
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