I've been fly fishing for decades with an outfit thats practically antique. I use an old Heddon glass rod (yes, metal ferals) and an Ocean City #76 fly reel. Found the reel at a yard sale, encrusted in grime and the line was partially melted to the spool. It cleaned up perfectly and I've never thought to look for a new one since its performed so well. The rod is heavy enough to handle big bass (7 1/2lber largest so far) yet limber enough to enjoy the panfish.

As for flies, right out of the box you cant beat Betts. I hate going out without a selection of their "Slim Jim" and "Miss Prissy". I will occasionaly go with a wet fly and float tab when surface action is slow.