I can't find any other info on this reel. It must be a Laser MG with all of the bearings and upgrades of a Tournament MG.
I took it out today and gave it a try. I was running a Livingston Lipless CB on a Pinnacle Perfecta Squarebill rod.
The reel was very smooth. Caught a few fish on it including a very lively 3 pounder. I own numerous Speed Spools already. This one is about the same. I didn't notice any flexing. The reel was rock solid to me. No bad habits.
I guess I didn't have enough pressure on it to create any flexing. I think for rattle traps, squarebills and small spinner baits it should be fine. With a 7.1:1 ratio I won't use it with anything larger.
For $69 it seems like a winner to me. I bought two and might buy two more.
I also bought a couple of the Mettles for $29. This is a very nice reel for $59 and a steal for $29. Out of the box if feels nice but not quite as tight and smooth as the Lews but much better than any other reel in this price range.
2012 Skeeter ZX190
2012 Yamaha 175 HPDI