I have one a my boat. I had it wired to the two back DR's. You have be careful with the spring coils that feed the DR cables.
Wrapped and crushed the coil when doing a fast
retrieval.
I never tried it on Dipsy rods...you wouldn't
want to use the spring coil. After mine broke off, I just wrapped the bare wire around the DR
cable.
You need to check the readings at the DR cable
while its in the water away from the docks/launch with a meter. Did it help catch fish??? Who
knows. Cannon has a similar system on their DR's.
Hope this helps.