Re: best 5wt in my budget.
You can find the Redington Classic Trout for $129 through various online vendors. I've been eyeballing one for quite a while now, and am committed to finally getting it with my next paycheck (being a college student sucks). All the reviews I've read have been absolutely glowing. It's a medium action, so it won't be as snappy as some of the faster rods in this price range.
I went and handled one at a local shop and gave it a waggle, and the build quality is very, very nice for the price. On par with some of the higher end makers mid-range rods. Cork had very little filler and the reelseat felt quality. The blank has a really nice color to it as well. Also, keep in mind that few of the other rods in this price range come with rodtubes.