No hauls. Rarely any false casts, though they are possible. As long as you have the room it is a terrific way to get some added distance and/or accuracy. Using a fairly fast Scando type rod makes it easier for most of us, but it can be done using even the slowest traditional sticks. Personally, if you think you're going to do quite a bit of it, I'd stick with shorter (11 1/2 to 12 1/2 ft) Scandinavian type rods. I find the better your speycasting becomes, the less you'll feel you need fall back on overhead casting. This is coming from someone who's far from being a great speycaster.