The reel matters less to me than the rod. I've caught huge fish using an old medalist reel. I wouldn't want to use it any more but there are plenty of good, moderately priced reels whose drag will hold up to big fish. Drag technology has really really improved. I'd focus the spend on the rod because that can make or break your enjoyment.
Case in point - I grew up in the 1970's throwing those big Fenglass rods that were like willow whips. Thw first good rod my father bought I still have - a Sage RPL rod and my goodness, literally the whole sport changed overnight. My enjoyment and abilities to put the fly where I wanted went up at least 10 fold.
So my advice is always spend on the rod. The reel, especially in most freshwater applications, won't matter as much and matters much less than it used to due to the massive improvements in drag systems.
In salt water, you have to pay particular attention to the drag because it will get used heavily. That will set you back a bit more.
Case in point - I grew up in the 1970's throwing those big Fenglass rods that were like willow whips. Thw first good rod my father bought I still have - a Sage RPL rod and my goodness, literally the whole sport changed overnight. My enjoyment and abilities to put the fly where I wanted went up at least 10 fold.
So my advice is always spend on the rod. The reel, especially in most freshwater applications, won't matter as much and matters much less than it used to due to the massive improvements in drag systems.
In salt water, you have to pay particular attention to the drag because it will get used heavily. That will set you back a bit more.
