By Thaliak's Beard do we need our fishing tackle to be in it's own inventory. Out of my main inventory slots, 90% of it at any given time is bait. I do my best to keep my inventory at a much lower level than other players seem to, but with all my bait, I find myself running low on space if I fish in more than just a couple of locations before returning to empty my stock, or if I run several dungeons in a row and get any loot. In all honesty, if I took all the bait out of my inventory, I wouldn't have but one or maybe two rows of items, rather than two or three pages......
EDIT: I removed a "the" in the start of my first sentence that wasn't supposed to be there. For some reason it was REALLY bugging me, even more so than normal grammar errors I make do.....
