I use regular Dacron line as backing on several reels. It's slightly larger diameter than Dacron fly line backing, such as Micron, but works just as well since I'm primarily fishing for LM bass or Striped Bass, neither of which make long runs.
Most of the reels I use for these species are large arbor designs, but I also have an Okuma Sierra in a 7/8 size which is a very good, reasonably priced reel. I've also got several of the older Cortland Rimfly reels, the larger sizes being fine for bass fishing if you can find them. They've been discontinued for awhile now, but there are still some of them around. I would compare them to the Pflueger Medalist, which is another very good, yet relatively inexpensive reel.
I've not tried the Allen reels, but from what others have said about them, would not hesitate to give them a try if I needed a another reel.