The Wally Marshall rods are moderate tapers, I have never saw any moderate fast, at least not in the Mr. Crappie branded rods. That said, those rods are designed for crappie, I'm not sure if you ever held one or used it but a moderate crappie rod in a ML is a buggy whip and it may be rated to 1/4oz or maybe 5/16 but let me tell you, at 3/16oz it feels like you have a 1/2oz bait on. I have a 6'6" ML-M that I use for fishing hair jigs under a float and when I get the occasional bass it reminds me that I do not want to use that rod for anything else. The biggest bass I caught on it so far was a 17" largemouth that if I had to guess was just a hair over the 2lb mark and while the rod handled the fish, it took 4 minutes to play it which is a long time for that size fish, and the rod was bent completely in half. Now if you are asking what you can use it for I'd say crappie, bluegill and perch with small cranks and light jigs, if you are thinking to use it for anything other than panfish I'd say don't bother as they aren't a typical medium light. To put it in perspective, I have a G.Loomis bronzeback that is rated 1/8oz to 5/16oz that is a flipping stick compared to my crappie rod, and the bronzeback is considered a light power in that series but closer to a medium light in a bass fishing rod.