It wouldn't work right.
Something about that body shape and the little legs pointed forward so they flap down when jerked causes it to walk in the sexiest way. It was a freak discovery and myself and only 6-8 guys kept it under our hats for a long LONG time, but then suddenly they stopped making them and we all exhausted our supplies. We literally ruled April-June tournaments on LO, Pomme, Truman by fishing these things (no exaggeration whatsoever). Just one of those weird little things that works like magic and darn few know about. Merthiolate worms and such "get bit" too, but that lizard, if you know the trick to it, catches TOADS.