My favorite ultra lite isn't an ultra light at all. It's a Quantum Smoke 6'3" medium light action. I throw a lot of 1/16 stuff, but never anything lighter. This rod has enough backbone that it isn't real whippy.
I like it so well that I bought a spare, and have 1000 size Lews gold reels on both of them, with 4# Yozuri hybrid line. Add a Creek spin from Southern Pro and your choice of plastic body and it's a bream killer. I caught my PB spotted bass on it while bream fishing.
Tracker Panfish 16
Bonafide EX123 Kayak