I've played with quite a few bait casting reels
in-store, funny thing is (esp for me) is that I
bought my Daiwa Lexa 100 sight unseen, and
my two Shimano Chronarch 50e reels the same
way. Though I did handle the 200 size Chronarchs.
Both are very good reels, but in terms of quality
and smoothness, the Chronarch 50e's are the
best reels I own. They can be found online for
near the higher end of your range.
I know the Tatulas are getting a strong following,
and Lew's has one, too.
So "best reel" is clearly subjective.