I've been thinking about using a patenoster because I'm bait fishing the bottom almost exclusively. So I've usually used dropper loops, but someone someone was talking about 3-way swivels, and i came across these T-turn swivels from Thundermist Lures in the US. Expensive, but with great reviews.
http://store.thundermistlures.com/home.php?cat=41
Another conversation here got me thinking that having the sinker on a light trace attached to a small free-running swivel above the mainline swivel would have advantages..
One, it would reduce twist because the swivel is free to rotate, and second, the fish would run without feeling the weight of the sinker, as previously mentioned by lbger.
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