Re: Orvis CFO III no line guard?
Nice pick up. Those screw back CFO's are cool. As has been mentioned, there is no need for the line guard and I wouldn't recommend adding one. For one, you shouldn't need it unless you're routinely pulling line out against it - which I would advise against. Second, as has been mentioned, the reel has historical value as is and altering it would certainly affect it.
I'd love to see a picture of it on the Reel Love thread.