For a contrast, I much prefer the newer drag. Generally smoother and just as durable. All my reels are used in the boat for tuna as well as being used as surf reels. The only new style drag I got to fail is my VS100, but that was after several hundred little bft to 30 pounds and I have no idea how many albies, bonito, and skipjack.
I also know several people who have sold their old style drag stack reels to get into the newer waterproof drag. Wetsuiters and agressive waders in particular encounter exactly what Tattoobob did; corrosion or salt build up begins and the drag is always on or gets inconsistent. There's a reel sitting on the back counter at the shop with identical drag problems as we type. Really there's nothing wrong with the old stack at all, other then that you might have to police it a bit to avoid issues.
If your new style drag isn't smooth it's generally one of two things. One, it hasn't been attached to a quality fish yet. Drag quality will improve after being spun up by a quality fish or two if it's not perfect from the factory. Two, if it's not smooth after that something is wrong and it needs to be looked at.
Nightfighter, I'm not sure when they upgraded but it's quite a ways back now. I think at the start of Reel Ventures ownership, so that means a good 5 or 6 years ago at least. Easy way to tell them apart is the newer Titanium Nitride shaft is gold and the old one looks like stainless and
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