If you want to stay under $400 your choices are very very few when you account for the rod, reel and line. If you don't mind spending another couple hundred you will be fully setup.

Here is my recomendation.

CND 1308 Expert $325
SA System II 10/11 $ 189.95
SA Short Head 8/9 $69.95

This setup is twice the quality/performance/etc. that the Cabela's is BUT not twice the price! smile ...and is as least as expensive as you can get while still having a steup that will perform.
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Ryan S. Petzold
aka Sparkey and/or Special