I have always been under the assumption that a rod warranty on a lami or loomis would mean replacement at little to no cost. That is why the extra money is paid, a better set of guides is not worth the $200 they charge. I am not going to buy a rod for the name, when I get a cabelas rod that is almost if not just as good for $200 less, without the great warranty. Thats why i pass on the cheaper lamiglas models everytime I see one and just go cheaper, my rod breaks I go get another one.