This is just some guesswork but anyway: The bead, as dogtooth said, sometimes makes a difference. I have had instances when a shiny bead spooks fish. In terms of stillwaters I think that the more important factor is the action of the fly rather than the visual factor of the bead. Using lead wire might get your fly down as fast depending on which bead you are using, but it will give a completely different action and I think that the action would be more important than the colour of the bead. Maybe I am entirely wrong. As I said: guesswork.
An honest fisherman is a pretty uninteresting person.
Give a man a fish and you feed him for a day. Teach a man to fish and not only is he hungry but broke for the rest of his life as well.
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