Yes and its a lot of fun. I've used both floating and submersible lights with minnows. Berkley makes a submersible, (don't remember what color I used, seems like it was a light blue and really bright) and it really pulls in the bait fish.

I've always tied up under a bridge when fishing here on Lake Eufaula, but I guess any location would work. One thing I do is to take some hog pellets and throw a couple of scoops in as soon as I get tied up. It seems to help.

Let us know how you do, good luck.