Ah you might want to read Swen's post again. Also you didn't take into consideration the spare spool and line. Including the extra spool, line and backing I have just over $140 invested and the rig is about two and a half years old. Also consider you cannot get that rod (discontinued for the Traditional II model) in that weight at that length anymore. Nearest you can get in the new rod is 7'6" 4 weight 2pc with the reel, line, backing (no spare spool, line, backing) for $129.00 listed here:
http://www.cabelas.com/product/Fishi...ine/711513.uts
Extra spool, line and backing cost me an additional $35 bucks.