From all the reels I currently own to the ones I've had in the past here is how I look at it. The reels I have that are in the $120-$150 range are what I call work horse reels, these have some good features and perform very well day in and day out, if you are hard on equipment that is the best bet to buy, the downside is they aren't buttery smooth as the high end reels and while you will get great casting distance out of these reels they will fall short of their hier end siblings. The $180 -$220 reels are the gold standard, these reels have features that won't take a beating but they are still solid and will take a little abuse, but the performance you will get is noticable on first cast. These reels are smoother, cast with less effort and make even high pressure fishing a little more enjoyable, guys that buy these reels have a hard time going even slightly less expensive. Reels in the $250 - $300 are on a different level, these reels will be extremely smooth, braking systems when dialed in will make it close to impossible to backlash and the bearings will be of a very high grade. These reels will have tight tolerances and are precision instruments that don't take too much abuse but at thise level you are more likely not to throw it on the deck 15 times a day either, most who can afford these never go back unless they are forced to by finacial situations. Finally we get to the 300++ reels, these are the platinum reels and just picking one up you feel the difference, they feel like they are sculped and fishing with these make everything easy as the smoothness of retrieve and ease of casting is on a level not many ever experience. I left room in the numbers as there are some that fall between the price ranges but it is what my experience has been over 30 years of buying and using tackle. I know ther are multiple reels built by one company but they are built to the companies specs, not their own and I have found that in fishing products more than any other type of product, you do get what you pay for 99% of the time. Are their cheap reels that go beyond their price point? Yep the same for rods but these are the exceptions and not the rule so choose the best you can afford and you'll have a good set up.