Mike, I have a couple of Okuma Magnitudes that were sadly discontinued years ago. Those reels had a roller bearing setup in a nylon cage that was both smooth and long lasting. I don't know about the model you have but I suspect that it has a stainless steel spindle and the the bearing surface in the spool is possibly just the cast material itself. Perhaps there is a better bearing surface of some sort. But whichever it is, in all likely hood the bearing surface of the spool is worn rather than the stainless spindle. You could have the spindle diameter checked for wear with a micrometer and if it is good the spools are the culprit. If that's the case, you could buy 3 new spools for around $100 and be back in business. That could buy you another 5 years of heavy use.what are you fishing for? And how often?