I'm a life-long Penn fan and still use my 1970s-era Penn Squdders all the time. I recently moved to the West Coast where bottom fishing occurs in deep water certain months of the season. Squidders only have a 3 to 1 retrieve ratio, so I began looking for a conventional style reel with a faster retrieve rate and came across the Penn Warfare Level Line 20LW with a 5 to 1 retrieve rate. Had it out on my first trip this weekend and I was impressed with its performance. It holds about 500 ft of 30 pound mono, and has a smooth action. I like that when you crank the handle the reel automatically shifts back into gear. The Level Wind feature disengages when in free spool, so this reel is a decent underhand caster when used on a party boat.