Many good choices in that price range.
However, if you grow into a serious affliction with flyfishing (which is easy to do) you will upgrade in a few years anyway.
So find yourself a nice outfit, enjoy it, and put aside a few greenbacks for that heirloom rod and reel you will someday admire with pride by the streamside.
IFFF Certified THCI @ 2005
Capeflyfisher Guide Service
Island Hopper, Guitarist, Incurable Dreamer
and Founder, Worldwide Flyfishing Forum