I can't speak for Scott rods, but a 5 wt is fine for trout and even summer steelhead (a 6 or a 7 would be better, but hey, I've taken them on a 4).

As to the reel, I would suggest Okuma Sierra or Integrity, real disk drag, and nice on the pocket. And nobody gives them any grief, they are intolerant of salt water, but short of that, they are great reels in the sub-$50 category.

Rob
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Give a man a fish, and you'll feed him for a day; give him a religion, and he'll starve to death while praying for a fish.