I've got the Galvan Standard 3.0 on my 5 weight. It's right around your price range and I absolutely love it. It's quite light and beautifully machined. The drag is the smoothest I've ever used and I've used quite a few reels. And it's made right here in the U.S.A. too! Mine is Green, but they come in other colors too if green isn't your thing.

-Darryl