Lefty/Roop: checkout www.redington.com
For $195 you can get an excellent 5-piece rod in a 7wt with a lifetime guarantee. This is what I would consider a fast action. Everything about it is upscale for that price. They have new lines of reels that are awesome for the price. A click/pawl reel that is machined for $79 in the 2/3wt. They also have a line of offset drag reels that are machines for $109.
As Roop knows they have outstanding customer service and it is one flyfishing company that is on the move to displace some of the traditional high-end manufactuers.