Mal.com's Rig[]
http://www.akff.net/forum/hosted_images/mals_rig4__medium__194.jpg
"Ive been using various forms of the following lately; I seem to get less rubbish & more big hits with this rig. It hasnt been translated into many more big fish landings but my premature catch & releases have definitely improved
I have been using fresh (dead) squid ~100-120mm mantle length, and a pea sized sinker. Ideally the thing should be bouncing along just clear of the bottom." - Mal.com
Gatesy's Squid Rig[]
Some people like to use a proper Sliding Snell but you can attach the top hook by using a rubber band and wrapping it around the shank and mainline and tying off with a granny knot.
When using a whole Squid more and more anglers are using a treble as the bottom hook to increase hook up rate although a single hook can be used.
http://www.akff.net/forum/hosted_images/north_head_6_feb_002_ed_144.jpg
Below: Gamakatsu twin hook rig and squid ready for a troll.
http://www.akff.net/forum/hosted_images/barlings_beach_025_260.jpg