Something under a hundred quid, new or seconhand i'm not fussed. I already have a little golden flyweight which i love, not wanting to go too classic though, something a little different. i like the look of the marryat cmr (
fishingmatters.biz » Marryat CMR Fly Reel), a little retro and quite stylish, but it has pretty bad reviews for falling apart!
EDIT I'm getting the 5'9" #3. They had good reviews on some of the american fibreglass forums and quite a few guys think they may be built on the vision cult fibre blanks as they are the same configuration of legths and line weights, can't wait to try it out.