I found a good website that explains Float N Fly:
To start fishing with the float 'n' fly, you'll need three basic things.
1. A long 8-10 foot rod and spinning reel. The long rod will allow you to cast out your light weigh dollfly much further than a standard pole. I also recommend that you use only 6lb. test line so that the visibility is lower in the water for the fish. If you set the drag on your reel, 6lb. line will hold a very big fish (Click Here for a fish I caught using only 6lb. line). Stren EasyCast or P-Line is what we use most of the time.
2. A small 3/4 inch to 1 inch plastic floater. Find the floaters that you can clip on the top and bottom so they won't slip up and down while you're casting. Clip the line 7-12 feet above the dollfly. The floater will bob on top of the water while the dollfly will stay suspended at the desired depth.
3. A small dollfly. Click here for a detailed description. I also recommend that you get some small minnows before you go out. Some bass fishermen (especially tournament fishermen) don't use them, but we've found that they help catch more fish.
http://www.floatnflyfishing.com/catch.html



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