I don't think Falcon labels the swim jig rod as such anymore. At least the last one I bought a couple months back isn't.  

I personally wouldn't choose it to throw the ol' Floatin' worm . It's a outstanding 3/8 oz jig rod a spinnerbait, chatterbait and even a crankbait rod. 

I would agree it's really 2 rods. The weightless worm rod would be a great choice for the lighter stuff and I think it makes the best jerkbait rod that falcon has.

Steez AGS The Sensor

Tatula Elite Eherler Finesse MMH

I have a Daiwa Tatula Elite Brent Ehrler 7' "Finesse" M-MH/XF rod that is absolutely perfect for what you're looking for. It throws weightless senkos well, but still has enough power to pull them out of some moderate cover.

Was just thinking - TFO has a 7'1" M+ in their Bass Resolve line. I actually own one but only fished it a few times and it was a few years ago so I unfortunately can't tell you much about it. It's rated 3/8-7/8 but TFOs are also known to have slightly more tip than most other manufacturers which helps with casting lighter lures, so there's a chance it could throw a little lower than 3/8 effectively and do what you're looking for. On another note, I am happy to give you a good deal on mine if you're interested 😂