If your just starting out but want a good reliable setup go with a Penn 650ssm (about $100) on a Lami SK 10 MHS(about $90) then spool up with 50Lb braid (about $30) and get your self an Aquazkinz Medium Plug Bag (about $80)
There ya go $300 and you still have a few bucks to spend on Plugs. This will get you started and then you can figure out where you want to go from there.
Do you tie your own flies? If so next year we will help you pick out a Lathe, Drill Press, Bandsaw, Sander, and help you go over Wood Types 101
