Coley,
Lots of Litespeed fans out there. Wish I could be one of them, but I'm not.
I have a 1.5 and a 2.0 that I find myself using them less and less. Both are likely to be sold sometime soon.

The best thing in my opinion about them is the drag.

The thing I like the least about them is how thin and ported they are. I've bent the spools on both of mine. One on a streamside fall and the other that fell over in my garage while in a padded reel on rod case.
I've abused some other reels pretty well with falls over the years and none have been damaged as easily as the Litespeeds.
The tiny reel handles are a negative to me as well, especially on the 1.5.