the knot that berkely suggests you use is the "nanofil knot", you can find it on berkely's website, it works. the palomar knot slips when you are cinching the knot and kind of worries me that it might be weakening the knot area, not sure about this maybe just in my mind.
this stuff casts great and there is very little memory, it is not very abrasion resistant though, if you hang up in cover i suggest you inspect the line. im not an expert on this stuff i only have it on one spining rod right now, but having used it since late summer im pleased but i wont be running out to strip all the p-line off my reels.
best of luck