Hi Gun,
I'm no pro, but let me take a shot.
It is just a spinning reel, so casting and retreiving will be the same.
The liveline option is just like a very loose drag, but when you want to set the hook all you have to do is crank the handle and your drag will take over.
To activiate it, after you cast flip the switch at the bottom/back of the reel.
I use it when fishing live bait (or chunk bait).
When the fish hits, you'll hear the line start to spool off the reel (I can't freakin wait to hear that sound again) Now when you decide to set the hook, and this subject has had much discussion, for me, I like to say let the fish run for 10 seconds before setting the hook, but that 10 seconds feels like an hour, so in reality I'll be I set the hook after 5 seconds.
Good luck, its a versitle reel, just make sure you keep it rinsed and oiled.
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