4pwr
There are several reels on the market that would fill your needs. Here's what I use.
For 90% of my crankbait fishing I use ABU4600 C4's with 3.8:1 gear ratios. A 4600 series will hold about 120 yards of line and will easily cast most crankbaits such as Bandits, Rebels, and Rattle Traps. The 3.8 gear will keep you from over speeding the bait. The 5. and 6. reels are too fast for most crank baits.
For real light crankbaits like a shad rap, I use a Chronarch SF. A Cuado would be the version in your price range. Unfortunately, a Chronarch doesn't come in a slow gear, I believe the Curados do come in slower gear ratios.
For a specific application in Mann's 30+ crank baits I use a 5500 C3 that I've changed out the gear set to a 3.8:1 gear.
Line wise I use Cabellas Pro Line. It's cheap, and mono is what you need with crankbiatis. Low stretch line isn't an advantage with cranking.
My crank rods are mostly 7' rods. I have 1 Allstar Crankbait Rod 7' and 2 Browning 7' medium action rods. I actually like the Browning better, and they used to be cheaper. The ones I have are in the $70 range.
For my 30+ rig, I use an older St Croix that I busted the tip off of years ago. It is a little heavier action because of that, but it works well dragging that hubcap sized bill through the water.
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