The Dogwood Canyon and Hobbs Creek reels from Bass Pro Shops are all metal with decent disc drags systems. I have landed a couple of 5.5 lbs LMB, 7 lb class grass carp and channel cats on my 3 wt depending heavily on the drags. They are around $35 - 40.

http://www.basspro.com/webapp/wcs/st...SSSELL_PRODUCT