My favorite rod is my Fenwick FF75. Is your rod glass or graphite? If it's glass, get this reel: http://www.amazon.com/Eagle-Claw-Granger-Aluminum-Reel/dp/B007XW0IIC/ref=sr_1_14?ie=UTF8&qid=1364834215&sr=8-14&keywords=Eagle+Claw+fly+reel (and clarify w/ the seller that you're buying the 780, not the 567 model). It balances the old glass rods really well and is loud as ballz! I can't wait to get after the SMB w/ my 7wt glass this year.
Still treasure one of the first fly rods I bought over 40 years ago, my best buddy, Fenwick FF605, 6' 5 wt that I will NEVER part with. To explain why see the attached photo of the 18" Rainbow and my "Best Buddy" taken just this afternoon...
I've had my 8' 5wt (FF805?)for many years.
Had to finally replace the stripper guide.
I've owned a few of their graphite rods (HMG) through the years.
All were very well built. A bit slow and heavy by today's standards. I liked them but traded them off to purchase Sage.
Fenwick Rods were top notch in their day. Their glass rods were known for their performance; think Sage today.
They were one of the dominant fly rod companies and one of the first to get into boron and graphite. It is a bit of a sad story of being bought out and then loosing the market.
My first "real" fly rod was a glass Fenwick 7'8" for a 5/6wt and I still fish it occasionally. I saved up and bought it new when I was 15. Mine did not come with a tube or sock but last year I bought both for it because it is one of those childhood treasures.
Yours should hold some mojo as well so take it out and fish it.