Sure, it works, but it can be a pain in the butt in a crowded fishing
anchorage, since you have to drive your boat beyond your anchor to
retrieve the latter, and that might put you too close to other boats.
I use one on occasion.

Shouldn't be a problem - most anchoring will be in shallow bay where
it's not needed or offshore in 60' water and few boats. May have to
give it a try.