Creek Monster, the knot you describe sounds like the San Diego knot. It works very well for fluorocarbon and is as quick to tie as a cinch knot. The Alton Jones knot is the same except the tag end is threaded only through the loop next to the hook, and not the top loop. I think knots that include wraps around the mainline to cushion it from shock are worthwhile for superlines and fluorocarbon. I've easily broken 30 lb braid tied with a Palomar knot by snap setting against a snag. I like the knot but no longer use it for everything. Here's a link to a knot tying instruction site, fyi.
http://shoreangling4u.tripod.com/knotguide/id30.html
