I finally found a suitable (at least to me) Wright & McGill reel to go with my 60s vintage W&M ultralight rod. Tore it down, cleaned and lubed this beauty made in Italy by Ofmer. This is the model ECP.

Before
Name: IMG_0464.jpg Views: 554 Size: 61.9 KB
Name: IMG_0469.jpg Views: 532 Size: 85.9 KB
Name: IMG_0471.jpg Views: 534 Size: 42.2 KB

After
Name: IMG_0474.jpg Views: 511 Size: 80.9 KB
Name: IMG_0526.jpg Views: 529 Size: 64.5 KB

Check out those ported brass gears. They sure do polish up nice! Smooth operating too.

Name: IMG_0529.jpg Views: 543 Size: 86.0 KB
Name: IMG_0535.jpg Views: 520 Size: 54.6 KB

Reels them in nicely!

Name: IMG_0622.jpg Views: 537 Size: 201.5 KB
Name: IMG_0618.jpg Views: 517 Size: 50.5 KB
Name: IMG_0621.jpg Views: 612 Size: 193.0 KB