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At this point there isn't much choice when it comes to where spinning reels are made.If you want a new one other than a VS you're getting one made in another country.
It saddens me that Penn never gave the 704/706 reels some basic improvements like a sealed drag,infinite anti-reverse and a ball bearing line roller
(on the 704) and get rid of the plastic sideplate.It would make for as close to a
perfect surf reel without breaking the bank.
The improvements in the larger SS reels(SSM) are welcomed provided they are durable and can stand the test of time as the 700 series has.And if the manual pickup kits fit the newer SSM reels then all the much better.
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