“That’s just a Woolly Bugger with flashy chenille, bigger hackle, rubber legs, and dumbell eyes. Oh, and it’s two of them hooked together.” That’s the first comment I heard about Russ Madden’s Circus Peanut. And to that I say, sure it is. But aren’t there enough material and form changes there to be a unique fly? When we think Woolly Bugger does it really look anything like a Circus Peanut? No, not really. So I’d say the Circus Peanut deserved a name, and it got one.
I have a similar fly stored in my own meat locker. I call it a Water Muppet, but it’s mostly a Circus Peanut. I tie it smaller, dub the body instead of wrapping chenille, and I use a tungsten bead instead of dumbbell eyes. And while I have my own name for the pattern that amuses me, it’s pretty much a Peanut.
But I think there’s a genuine desire on the part of many fly tyers to get this right. We want to give credit for inspiration, and we know that all good ideas stem from somewhere. At the same time, we’re proud of the material or form changes we’ve made that catch more fish in our own rivers. And sometimes those innovations define a genuinely new fly pattern, so they deserve a unique name . . . . .