welcome to the forum peter
although i cant speak for the reel you mentioned, i can highly recommend allen fly reels.
in particular the new ats reel, which also falls right in your price range
ATS Reel Series - Allen Fly Fishing Store
good reel for the money and absolutely awesome customer service.
plus if you were to get it now, you'd qualify for their deal of the week
Free Compass WFF Fly Line - Allen Fly Fishing Store
and allen is a sponsor here