I got some of the silver leaf over the holidays and tried it out. Touchy stuff indeed! It was difficult to get it applied evenly on the bait and bunched up in a few spots, specifically around the eye holes. I was none too impressed with the results. I did try my first spray glitter and that worked out quite nicely, better than I expected. My only advice for that method is to do very light coats and let it dry. If you want it "super-glittery" I expect a dozen or so coats could be in order. For my purposes a single coat between the base coat and the details worked very well. Not sure what brand I used... some stuff the wife got for decorating pine cone wreaths. Hobby Lobby or Michael's brand, I assume.
I think that silver leaf is headed out of the shop and into the crafting bin.