I was as skeptical as anyone when Loomis came out with the Asquith rods. I didn't even cast one for the first three years they were out as I thought the price was a gimmick. I now have seven of them, they are that good. The 4wt is the most well-rounded 4wt rod I've ever owned and I have a LOT of fly rods.
For flat calm days at short distance the Winston rods have a special place in the lineup and for fast pocket-water the Sage Dart rods are extremely effective but for "I don't know what the conditions will be but I have a rod that will do great no matter what" -Asquith. The 4 & 5 are remarkably similar but if I could only have one, it'd be the 4wt.
As to reels, I've owned them ALL (Charlton/Abel/Hatch/Sage/Ross/Islander/Tibor/Pate/and a dozen brands I can't recall), if someone wants a good fly reel there are a lot of choices but none are better than Galvan. Some may cost more, but none do more.
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