I have a 4 wt rod built on Cabela's 5 piece 'stowaway' blank. The blank was about $30 a few years back and it feels almost as nice in my hand as my $600 Winston LT!

The fit and finish of the blank doesn't quite hold up to the more expensive rod. I had to play with the ferrule alighment to get the rod looking really straight. In really bright sunlight I can find a few blems (dust particles) in the finish. The most unattractive thing is the large silk screened Cabela's logo on the butt.

But the action is fantastic. A friend of mine built a 3wt on the same blank and it too is a sweet heart.