I tried replying to this thread earlier, but my computer had some issues and died when I was still typing, so here goes again...
Last summer we slayed panfish with 1 and 2" curly tailed Mr. Twister grubs - fished on 1/32nd oz jig heads. White was the most popular color by far, but chartreuse, hot pink, and black were also very productive. The other lure that killed them were Trout Magnet grubs (little 1" grubs on 1/64th oz shad dart jigs) in white, clear tan, pink, and black. Besides fishing them on jigs - another great way I started fishing the grubs was on a #4 or 6 Gamakatsu Drop Shot hook, through the nose of the grub, with a single BB size split shot crimped 6-8 inches ahead of the hook.
For trout - in-line spinners like rooster tails and panther martens. 1/8oz through 1/24th oz sizes. Hot pink, black, rainbow trout, brown trout and chartreuse are my favorites. Cast them out and use the count-down method to find the depth the fish are at. Vary retrieve speeds, and use crack & pause retrieves until you find what the fish like.
The other must-have lure is a small floater-diver rapala or similar small crank bait about 2-3" in length. Matzuo makes good lures that can usually be found inexpensively. I like silver/black, rainbow trout, and fire-tiger color patterns.
