I've always wondered if cutting cheap hotdogs in half and soaking them in minced garlic w/ juice and/or garlic salt would work.

Murrell Renfroe ran the Madison County Lake back in the 1990s and early 2000s. For the longest she would make her own catfish stinkbait by hand with cheese rinds and discards from a place in Ardmore along with cattails and I think anise and/or vanilla flavoring. She'd let the cheese sit for a while and get hot and mushy and stanky, then remove the cattail fluff and put it in the with the cheese, add whatever else, mix and squash and squish it all together, put it in jars or tubs and sell it. Lot of folks liked it.