Howdy, You sure you want to go through with this? I bought a nice set-up two years ago, got the "hang" (not "good") of it, caught a schoolie at Scortons in May and then put it away for the rest of the season. Anyways, as far as an all around do everything outfit this is what I found through research and help of my friend who is an Orvis endorsed guide (also helped me on the price). Orvis makes some nice setups called the Blue Labels which will run you about 500 for the whole shebango. They have an unconditional lifetime warranty that is worth the price alone when dealing with skinny fly rods. It was recommended that a 9 wt, fast action, 2 pc rod was a little easier to get the hang of and addequate for beach or estuary fishing. I was also advised that a good all round line was an intermediate sinking line and a package of lead sinking tips. You want a reel with a disc drag. I believe (through trial and error with teasers) that various colors of clousers and leftys will work in most situations. I am not a flyfisher, just familiar with your question from personal expeirience. If you have the cash to buy something like this and not be pissed if you don't use it that much than cool. Otherwise I would strongly ask yourself the question "Will I sacrifice valueable fishing time fishing with a fairy stick (

) when the big fish are around?" I'm joking, I just was always too worried that I was missing something (usually by about 50 yards and 30feet in depth) when I grabed my flyrod. Good luck, also check out flyfishsaltwaters.com those guys (MIke F included) are real deal flyfishermen and KNOW it....Good luck.
Dave