PICK UP A DUEL REEL 4:0 WIDE. I TRADED A 14:0 PENN AND 100.00 DOLLARS CASH DID I GET BURNED. DOSE ANY BODIE KNOW. PLEASE WRITE BACK AND LET ME KNOW.
you got a good deal for price to price as for the use to use that is up to what your going to do with it.
Duel reels are considerred by the bluewater guys to be the best of reels.
They rate them higher than the Alutecnos and even higher than the Accurate's ATD series.
I fish with some of the captains out of Bahia Mar and they rate Duel the highest. 
It sounds like you didn't go so bad after all, JD! 
Hey man! Really depends on the condition of the reels...if I knew you were looking for a Duel i could of gotten you a 4/0 in gold or black in pristine condition for $450.
As for the reels themselves, they are the best. Super easy to fish, the two speed is awesome, and they are a breeze to clean. I fish a 6/0W and 12/0Ws