During a similar reel headache I picked up a Quantum Escalade spinning reel from Dick's. It was in the 60-70 range and it's a pretty nice reel. It's got either 11 or 13 bearings and is very smooth and sturdy. The only bad thing about it is that the bale on it has a bend in it that makes it a pain to bobber fish. When you flip the bale and set the hook if the line isn't in the guide the bale stays half way open and the fish goes bye bye. After a trip or two I got it figured out and no more issues.
Here's a pic of the reel.