I actually prefer a very light drag, along with a palming rim. I enjoy fishing with both click pawls, and disk drags. Several of the reels I choose to fish with are also vintage click pawls that don't even have a palming rim. It all adds to the excitement in the battle of landing a fish.
I'd just tryout the reel you have, and see how much you like it. I found this picture on the web and it looks like a serviceable reel, I'd fish it!