That guy probably has $200 in upgrades in a $60 reel. If you really want a narrow 501, the Penn kit is $65. My favorite narrow 501 is a Progear 255.
I have several out of date reels I have upgraded. They are still fun to drive.
I once had a Sealine 50 but it is too wide when winding jigs, it is out of balance and wobbles and doesn't have enought torque on a big fish. I bought the 40HA (4.9:1) and have landed lots of iron and bait fish with it.
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