Fished the jig for a short time sea bassing. It caught fish, but a blue fish bit the hooks off as I was retrieving it to reposition the boat. I think you'll have to be very careful fishing it on a wreck since you basically just crawl it along the bottom.
There's no way I'm using a 20$ wreck jig. These where desigend for the West Coast. Apparently they either have less snags or more money or both, but I know I'd snag that sucker on the first drop and it would ruin my whole day.