I usually run mine anywhere from a short of 2' above the bait to a max of about 5'. Anything longer and it's a cluster to get a fish off.
Maj - You can find stren gold in pony spools in some tackle shops, but I think the only bulk size in gold is the service spools - like 5K feet. In the $35 range.
Can't help ya on red swivels. I tie direct to the bandit. Had problems with action on some swivels.
Rods - Monk is good folk. Real good folk. So is Grizzly. Give 'em both some business and you'll be happy with both. Pretty sure Monk must hand deliver everything by himself everyday. The boy ships quick. Grizzly too for that matter.
Wannabe...

