Check the new Cabalas Saltwater catalog. They have a special on the combo ( Alvey Rods 10 1/2 & 12 ft. + Alvey reel of choice) There are 9 models of reels ranging from $42 - $143. The rods sell for $43 and $70.

I am thinking of getting the 700/C5 reel matched with the 12' alvey rod. The price is right. Good luck and give us some feed back.
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Whoever undertakes to set himself up as a judge of
Truth and Knowledge is shipwrecked by the laughter
of the gods.

-- Albert Einstein