Lots of good stuff in this thread. The key point is if the boat is fishing deep, your flatfalls have to get down at about the same rate as what others are using or there will be ugly tangles. :-(
Flatfalls will take most everything at the right time from sharks to snapper to YT. They won't necessarily be the best all the time. Example: irons typically "swim" better so can be more productive on near-surface fish.
There are some great painted/printed/adhesive finishes on flatfalls that get scarred, chewed off and otherwise damaged in use.
Finally, as a great Norwegian trout fisherman sagely remarked, 100% of the fish are caught...on what the fishermen are using. :-)
Good luck and tight lines!
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