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I have a Black max reel, its ok. Everything works but it does feel like you went cheap. I got it as a secondary/trolling reel and it accomplishes that. I think a bump up from the bottom of the line is a big help. The Silver Max, Shimano Caius, Daiwa megaforce and the daiwa above would leave you happier.
i like light/medium action 7' rods, but with the baitcasters you really get what you pay for, you may get frustrated very quickly with the birds nests and other problems that can come up with em! i am a sucker for daiwa, but this is a very nice entry level reel, and you can upgrade the bearings in it and do some other mods to make it into basically a much more expensive reel! http://www.cabelas.com/product/Daiwa-Laguna-Casting-Reel/1303645.uts?Ntk=AllProducts&searchPath=%2Fcatalog%2Fsearch.cmd%3Fform_state%3DsearchForm%26N%3D0%26fsch%3Dtrue%26Ntk%3DAllProducts%26Ntt%3Dlaguna%26x%3D0%26y%3D0%26WTz_l%3DHeader%253BSearch-All%2BProducts&Ntt=laguna&WTz_l=Header%3BSearch-All+Products
If you want an all around bass rod think about getting a Med-heavy fast action 7' rod. It'll cover the majority of lures used for bass fishing. When you start going into weight and technique specific lures, the power and action of the rods you use will make a difference.
Oh im far to common with bird nest's, that will be nothing new here. I think im going to invent some none tangle fishing line.