I use a duolock as Cray mentioned. Easy on, easy off. Regardless of split ring. The duolock allows for the bait to move freely. If ypu recall, Rapala used to include instructions to show how to tie a Rapala knot. This knot allows for non pinch unrestricted movement.
Where we now differ is the use of a swivel. Here is why. I "used" to think the same way until I had a conversation with Mrdux "Doug". In his neck of the woods, they catch a ton of catfish. They are known to twist in the water like a gymnast. Without the swivel, they make a real mess of your line. Hence the reason for his "more than one way to skin a catfish" comment.
For me, it is duolock BUT, if I am tournament fishing an area prone to spiraling fish, rest assured that I switch over to a swivel. I just install one on my duolock.