Frank,
I started using a Cabo last year and it has become my goto reel.
Although I don't get out as much as some others (mostly weekend trips in the fall), I feel the reel has held up very well and, aside from some nicks and scratches, it is still working like it is right out of the box. The drag is great and I've found the reel doesn't require a tremendous amount of maintenance. I liked it so much, I bought a second Cabo this year. If you want to see one I can bring one of them to this week's e-board meeting.
Jim