I haven’t been fishing since sometime last century, and when I did go, I probably used an old rusty pair of needlenose pliers for hook removal. I think the 9.5″ Baker Hookout would be useful for other things like retrieving parts dropped in that little crevice under the hood (or wherever). The pistol grip may make it easier to use in some situations than alternatives such as hemostats (ranging in price from $2 to $10 or more, depending on size and quality). It can also do double-duty as a “talking monster tool” in your garage puppet shows.
Cabela’s has a very similar “pistol-grip hook remover” at $10 for the 9.5″ stainless model.