with the US market flooded with tld's, it's easy to think that the only graphite lever drag reels on the market belong to shimano. penn has had an excellent line of graphite trolling reels for years. starting with the KG series, and now the GLD's, the only complaint i've heard has been the overall larger size of this reel versus the tld's. it's different inside. here's are links to the schematics.
one of the interesting things about this reel is the material used for the lugs, quadrant, handle arm and some other parts. according to my machinist friend, these are all stainless steel.
remove the side plate screws (key #16) and quadrant spacer bushings (key #157a).
removing the quadrant ring (key #2) is the hardest part of this rebuild. you have to push in on the freespool button (key #161) and the strike button (key #161a) at the same time. then you have to push the quadrant ring (key #2) up and over to the right. it's a tight fit. work it and you'll get it out.
flip the reel over and remove the lower frame screws (key #46a).
remove the long frame screws (key #31) and short frame screws (key #46).
let's set them aside so they don't get lost.
remove the right side plate and spool as a unit.
unscrew the preset knob (key #144).
the spool assembly separates easily from the right side plate assembly. set both aside.
here's the clicker assembly (key #35, et.al.). nothing to service here.
back out the left side plate screws (key #46b), add a little grease to the threads and zip them back in.
this reel was shipped without a rod clamp, but we're going to grease the threads anyway.
ok, the frame is done. let's set it aside and move on.
to service the spool, let's first remove the drag cover (key #156). the threads are left handed.
remove the drive plate (key #117). there is a bearing inside that we will get to later.
remove the spindle spring (key #41).
remove the spindle retaining ring (key #69c).
pull the spool spindle (key #71). four disc clutch spings (key #18) come out with the spool spindle. note the "()()" orientation.