I've been fishing pretty steady for almost 30 years, and I know the "green fish" crowd has had a perpetual obsession for baitcasters because you need the power and the line holding ability to bull them out of the hyrdilla or timber.. I can respect that. If you are going for largemouth, or stripers, or big cats, or redfish, you ought to be using a baitcaster most of the time.
But I fish for whites, crappie, trout, lots of lighter saltwater like trout and flounder, and a lot of light and ultralight stream fishing in the hill country, and a baitcaster is at a disadvantage in these situations generally. It is too much reel, and too much of a pain to cast lighter lures. Plus I've gone to mostly braided line, since it has saved me many fish and many snagged lures. I've fished with both, and I found that for me, I can handle most situations with a spinning reel. Since I use them so frequently, I can cast with them very well and precisely, and the bail fip is natural to me as thumbing a the spool release on a baitcaster.
I've caught some pretty large fish on spinning reels, and they can handle it if you buy quality, just like if you buy a quality baitcaster... There's a reason you see coastal fisherman almost all using spinning reels east of louisiana..because they also get the job done in many situations.
There are times for both, and its best to have at least one of each. I've got a bunch of abu's baitcasters, and use them pretty regularly. I like them because they are easier to clean and fix than the more sophisticted reels you can buy these days, and if you screw one up, they are cheap to replace

Just out of curiousity, anyone have a good reel in the $100-$120 range these days? I've been looking at some of the mid range shimanos, but have heard that pflueger makes a decent inexpensive reel, too.
I have tried some of the more expensive reels out, but I just can't imagine dropping $250 or $300 on something that could fall off the side of a boat accidentally. I just don't have that kind of $$. They are very nice though. Maybe for X-mas one year....
[This message has been edited by MouthBQ98 (edited 2/5/2007 4:46p).]