First time I heard of MegaBait going out of business, I loaded up on sardine and black & silver, 2 to 4 oz. Not sure if the color makes that much of a difference, plus it seems like the quality of their paint is not great - it starts peeling off rather soon.
If you hope in hooking something bigger on magabait (and plan on landing it

), I'd highly recommend that you replace the soft treble hook that they come with with something more sturdy.