St. Croix Pro Graphite-#8 9' $75
G Loomis Adventure Size 7-$100
Rio Mainstream #8-$30

It is very tough to put together a good steelhead outfit at $150 but it can easily be done for $200. With the St. Croix you are getting a softer more moderate action rod but it casts very well for the money, comes with a great warranty and has good componets as well.

With the Adventure you are getting a machined aluminum 360 degree disc drag. Can not ask for anything more for a $100.

The Rio Mainstream Floating is the best line for $30...all my steelhead dry line fishing is done with a long bellied RIO or SA but they are alot more pricey.

If you would like to make your own versitip system, cut the Mainstream back about 15' and loop the line and section you cut out and buy a couple Rio Tips for $20 a piece and you are ready to cover almost any situation that you will face.

If you have any more questions...just let me know!