You can get a Daiwa Fuego CT for $50-$60 on eBay. It is pretty hard to beat that, they are Daiwa Tatula reels without the TWS lineguide.
In-depth review:
http://www.tackletour.com/reviewdaiwafuegoct.htmlThere is nothing else on the market in this price range that comes even close if you really break it down and look at everything:
-Line Capacity: 12/150, 14/120
-Max Drag: 14.1 lbs.
-Gear ratios: 6.3:1, 7.3:1, 8.1:1
-Aluminum Frame
-Air Rotation
-Ultimate Tournament Carbon Drag UTD
-Magforce-Z cast control
-Infinite Anti-reverse
-Large, 90mm swept power handle with cutouts for reduced weight