The pinnacle ones at wal-mart are decent for the price.
I think the folks who are predicting Birdnest city are exaggerating a bit, or maybe just haven't used modern BC reels much. They've come a long way. Magnetic damping works awesomely. Simply hold the rod out with the lure dangling a few inches down, free-spool the reel, and loosen the dial on the LH side until the bait just barely begins to drop without shaking it. That's a good starting setting for a given lure weight. As long as you keep the bait under positive control and feather it down to the water, there should be minimal problems with modern reels, and you'll probably get addicted to the level of control you have compared to other types, once you spend any time using it.