My 145 point quest reward netted me a Giant Samurai bait. I promptly took it to tokuno docks, launched rowbaot and went out 8 squares. Used 35 charges and caught 2 rare Giant Koi but now just combine it with exisitng bait and stash away in chest...
The exception is when crabbing. I can bait a stack of pots with one click of the mouse, so it is not as time consuming as baiting a fishing pole after each cast.