H2O Mettle for the money without a doubt...I could have two of them for $129 and a little money left over for whatever else...
the quality appears to be 10 fold of the H2o Mettle reel, never have even held a JM Carbonlite reel, but I did buy a Mettle just to see what the hype as all about and I didn't get the impression that it would hold up to fishing 3-5 days a week.
This JM reel looks like a quality product for sure, might have to get one and check it out..