I own numerous baitcasters and my favorite is the Bass Pro shops Johnny Morris Signature Series, they currently go for $119, I have three of them. They used to sell them for $169. Recently I spoke with a BPS salesman and he told me that they are changing the manufacturer of those reels for next year. I wouldn't be surprised if they're at close-out pricing in March.
I also have the BPS Extreme which is OK for the money. I believe the quantum KVD series, which goes for $99, will be on sale this weekend, at BPS, for about $50, I like this one better than the extreme.
You get what you pay for. If you fish a lot you'll be much happier buying a more expensive reel.
Which ever reel you buy, I would make sure you can dial in the magnetic brake on the outside. It's a pain taking off the cover to adjust the brake.