Hi Steve and All: I'm still looking to build or buy a 4-piece 10-foot, 5 wt. rod for nymphing. I really like the Rainshadow blanks.
My questions:

Would it be possible to remove 8 inches from the butt of that 10' 8" Rainshadow blank to make it a 10' rod and is it necessary?
What kind of action is the blank?
Do you have any idea what fly reel would add adequate balance to a 5 wt. outfit?

I've fished a Greys Streamflex 10' 4 wt. and it's a great rod, but it costs $300.

Thanks,
Bruce