You'll want a decent line as well. It looks like you want to keep the cost
down, and I'd put more money into the rod and line, and draw funds away
from the reel.
Since you say you're a beginner, what type of fishing would you like to do?
Don't overlook the option of an 8'6" rod. I have rods that range from 7'6"
to 9', and really prefer an 8'6" 5wt. If you siphon funds away from the reel,
a St. Croix Avid could be a fine rod.
I bought a Crystal River Cahill reel for one of my 4wt rods a few years ago.
A poster on another website said that he bought one because of its light
weight, and also because he was looking for something that simply holds line.
I paid $12 at Sports Authority, and the reel weighs 3.5oz. It's held up just
dandy, and even has a functional drag. Going that route would free up $$$
that would be better spent on the rod and line
. A snazzy reel can
be purchased at a later date.....