If the hooks are tied direct to the main line of that rig and the sinker is not on the bottom of the lake, creating slack line, it would seem to me to be much more difficult for the fish to inhale the bait ... because it would have to lift the weight.
I think a better rig would be to have those hooks on a loop knot of about 4-6" from the main line ... but, that's just me.
Well, either that or go way down in the size/weight of that sinker.