I'd always heard about the old Mitchells looch and decided to get a couple of em two or three years ago.
Out of the box they were OK. Never felt like I was using a great reel like I'd read about the old ones so much. Got em wet a few times Steelhead fishing and gave em a good cleaning but they got progressively less smooth. A little balky even.
Used em in salt water for a few days and cleaned em good after every use. Both of em had their drags burned out by good size redfish and were pretty much relegated to channel cat and carp reels with heavy braid on cheap rods after they saw the salt.
Like I said, not a big financial loss but with two sons who love to fish, sometimes it's nice having a lot of rods even if they aren't that great.