The golf club lead tape is a lot thicker than Suspendots.
With the access to lures you have, why not just buy the suspending or sinking Rogues to start with? If you want to play with drilling the lure bodies, you are welcome to come up and use my little drill press and the little machinist vise that keeps things centered under the bit. I originally got it to hold wood cylinders while I drilled them, but crank and minnow bait bodies would certainly stay put while you drilled a hole. There's also some lead shot in the basement left over from shotshell reloading. You're welcome to that, too. Personally, CW would get a bit nervous putting a drill bit to a five buck lure. Bullitt is probably pretty skilled at such things and would not have an anxiety attack.

We're on a mission from God.
Jake & Elwood Blue