Try this post which is in the lure fishing section of the site.
viewtopic.php?f=28&t=13959It might give you a little food for thought if nothing more.
The above replies offer sound advice.
One thing I would say, when mounting the leadhead/hook into the eel, have the barb coming out of the top of the eel rather than the bottom, this way you will avoid too many snags if fishing in kelpy areas.
Best of luck, be nice to see your report/reply of how you get on.
Mark