here's my take on the luna, and i'm an abu guy.

if you want to blow $250 on any reel, make it a luna. these reels are all-metal, and tough as hell, and about $100 less than a comparable calcutta TE. silky smooth, and the drag will lay waste to any shimano ever made.

for the last rod i built, i decided to spoil myself a little and the choice was between a custom-built and tuned 70s vintage 5500C ambassadeur, and a luna, and i decided on the luna because i didn't want to wait. besides, it just gives me another reason to build another rod(for when i do buy that custom built abu).