That's valid of course, and personal.
I can't speak to the drag performance with lighter baits and line as this isn't the reel for that, IMO. I got it for a specific purpose which is frogs and bulky swimmers using 50lb braid for setting at least a 6/0 Beast Hook at the end of a bomb cast. I don't lock the drag, but it's tight with the expectation of setting heavy wire hooks and fighting fish horizontally through pads. In this scenario, the drag has been fine. The drag clicker is a neat option too. BTW, I got the 6 spd for the torque.
Tonight, I fished the side of a lake where the trees overhang way out over the water which meant I couldn't use my 7'6". I bought a Tatula Elite 6'9" HF just for zones like this. I can only wade out so far, and not beyond the tree branches, so it's perfect for this. With the shorter rod, I'm able to overhead cast no problem.
This area is pads from the shoreline out to quite a distance, but then it's open water. Even with the 6'9" rod, I was able to hit out into the open water with the Rattle Toad, which typically isn't easy at all. This reel is fantastic for the purposes you'd outlined which is why I chose it for myself. No boats are allowed in my local waters and I'm stuck wading, so distance is very important to me.
One never knows beforehand, but it's met my expectations. I doubt it would be anything special with a jerk bait though as @FishTank said. Larger, deep, heavy, fully loaded, 200 size spools usually aren't. There's a reason why there are 70, 100, and 150 sized spools.
All of that said, it's hard to say how it would do in some else's hands as your casting mechanics are probably not the same as mine. Who knows, yours might even be better. If you're going to be casting from a standing position like I do, and you're a practiced distance caster, I think you'll get what you're looking for, especially for 150 bux.