To go along with my traditional outlook on fly fishing. I just got a CFO C&P reel. He thinks it might be a Hardy built model, but he's not sure. Is there anyway to tell?

When I first starting reading about the C&P reels I wondered how they were any good. I come from spin fishing where the drag is very important. I also see all the new fly reels talk about the great drags they have. I was confused on how a C&P drag could work, because it's almost like no drag at all. It just keeps the line from over running as I understand it. Then I hear everybody telling me to set my Lamson drag very light that all I want it to do is keep the line from over running. All of a sudden the light goes off. For fly fishing you palm the drag. The C&P reels make sense now. One more thing to learn.

I read the CFO makes a wonderful sound when the line is running off it. I'm looking forward to my fish fish on it.

So, how many of you use the old CFO reels? How do you like it?