I agree with the Borger comment.
Landing a large fish can be an exercise in Murphy's Law, if you are not prepared.
As far as the quality & price point of the reels I use, I like good bang for my buck. I don't get into super expensive reels (over $200), especially not for trout & bass fishing.
Click & Pawl (C&P): I grew up using C&P reels from Cortland and Orvis. You will get a better quality C&P reel at a particular price point. ALso, C&P reels have a very simple design. This has 2 advantages: 1. few things can fail; 2. they are easier to maintenance and repair, DIY-style. A big disadvantage is C&P reels have very limited drag adjustments. So, an essential skill while playing a fish that is taking line is palming the reel to add drag force. C&P reels are getting more uncommon because most fly fishers seems to prefer disc drag and due to the affordability of disc drag reels.
Disc Drag (DD): In theory, DD reels have smoother drags and more predictable start up inertia. Is this of any practical value? Some, especially on larger fish and lighter tippet. Since I don't want to spend a lot on a reel, my approach is to set the drag heavy enough so when I aggressively strip out line, no backlashes occur. However, I want to set it light enough so start up inertia is minimal. I augment the drag by palming.
Large Arbor reels (LA): About 15 years ago in October I was fishing the Lower Gamelands on the West Branch of Upper D. I was using the only trout set up I had at that time: Sage LL 8' 5WT paired with an Orvis Battenkill 3 C&P reel. Late in the morning I was prospecting with an orange Cahill parachute when a big crown came up and inhaled it. Whoop! Only, it swam straight at me and my back was to the island. With nowhere to backpedal, I raised my rod as high as I could and reeled like mad. It was not nearly enough line pickup. With slack in my line, the hook came free.
The moral: LA reels have a huge advantage in retrieval rate. That alone is worth the price of admission. ANother advantage is that line comes off the reel in larger coils, making coiling less of an issue. Finally, LA reels' rapid line pick up allows you to reel in and move (or change rods) faster.
You can find LA reels with DD for under $100. These reels are typically not machined (tolerances less tight) and weigh more (may be an issue balancing with a light rod).
Way at the bottom of the priority list is backing capacity. 99% of the time, backing on a freshwater reel is filler to make the arbor even bigger. The exceptions may be on big rivers with large trout or Great Lakes tributary fishing.
YMMV.
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