These have been a staple of mine for a long time. They build the posterior chain like no other movement, including conventional deadlifts, and because of the extended range of motion will really stretch out the hamstrings.
I use a 4" deficit to do these on. However, if you're too stiff to perform them that way you can simple start by standing on a 45 pound plate.
Now when I write "stiff-legged" you aren't actually in a "straight-legged" position. So it's a bit of a misnomer. You want a soft knee, meaning it's slightly bent, when you perform these. The knee stays locked in that position throughout the movement. Don't turn it into a partial conventional deadlift by bending at the knee more as you get fatigued, or the weight gets heavier.
Bend at the hips to get into position, and hold the soft knee position to start the movement. Keep the low back neutral or just slightly arched.
I actually go quite heavy on these. Sometimes up to over 600 pounds for reps. Generally, I stay around 500 and do several sets of 5-8. If you find yourself losing that neutral spine or bending too much at the knee, then lower the weight and the deficit height, and build back up from there.