My first fish caught in 20 years. The best $58 I've spent in a very long time.
Upon advice from forum members, I got an Eagle Claw Telescopic rod. It is 5'6" fully extended. I've only used it once, so no idea on durability (should have bought 2), but it is AWESOME so far. Packs down to about a foot, line ready to go.
I went a little heavier and bought a Pflueger President 6725X (9 ball bearing). I figure I want to try to land a pickerel (walleye) next time I'm back at Lake Winnipeg.
I bought it from here:
Excellent service. Free shipping over $25 and they price match.
I found this place to have the cheapest prices:
At the time, the Eagle Claw was $8.95. You now have to order in muliples of 5. Nonetheless, they're $15 at Edge Angling. They were kind enough to match prices with absolutely no hassles.
I bought a similiar setup for my buddy (Pflueger Trion, total $40). He's stoked.
There might be a better deal somewhere else, I wouldn't know, but this was no hassle and for a newbie fisherman who knew very little, I am extremely happy for $58.
Hope this helps someone.