Forgot all about those Cortland reels! Extremely overlooked, good quality, bomb proof reels that you should be able to pick up extremely reasonably. Les's suggestions about the SA reels is a great one, too, and I would opt for the System 2's over the Cortland reels; a little 'heavy' relative to today's standards (but they really aren't heavy), which would work great for your spey purposes. Spools are inexpensive, the drags are great, the reel is reliable and affordable, the manufacturer should be around for a long time . . . all the right reasons to get one!