For me, the best way to see if it will work is to install the hook hangers and line tie, seal it all well, add the hooks, and take it for a test drive.
Like littleriver said, the placement of the line tie is important. The longer the bill, the more it needs to be out on the bill, to give it enough leverage to control the lure's wiggle and not have the bill overpower the lure.
But I don't have any kind of a formula for where to put the line tie. Mostly, I look at other lures of similar size and bill, and use them as a guide.