Raftman,
anytime someone asks for rod, reel or line suggestions you're bound to get 100 different replies. No two of these suggestions will likely even be the same, so it all comes down to personal preference. With that in mind I'd suggest checking out TFO rods, which in my opinion are some of the better rods out there are a reasonable price.
I think for economy reels lamson or colton's CRG are good choices. i've heard good things about the redington behemoth but have no firsthand experience. Lamsons are good reels with good customer service and a smooth sealed drag. The only downside is that the drag isn't very powerful and I've had the spool bend on my konic (i bent it back and it was fine). The behemoth has a ton of drag but does not have a sealed drag, which could cause problems in saltwater. The colton crg is a really tough reel and it's on sale right now for almost $100 off.