Let me piggy back on this thread.
I bought a Battle II 6000 (spinning reel) and a Shimano inshore rod. I have questions on drag settings from the strike to fighting fish when using a live eel or a spot on a circle hook:
Do I leave the bail open or set the initial drag to 1-2 LB for the strike?
When do I apply the pressure? May I have some details?
I leave my drag where I'd like to start fighting the fish. Not super tight, because it's going to run right away and you shouldn't try to stop it. Cast the live bait and free spool once they've eaten it. Give it a few good seconds and then close the bail. If the fish pulls it tight you should be hooked up, if the fish isn't running with the bait reel up to it until she's tight. I do not do any kind of hooksetting motion with a circle hook. Using a bucktail is a different story...
Maybe its just me but I have not had a good experience with the GX2 ugly stiks. For a good inexpensive rod I'd recommend ugly stik custom or tiger models. Like others I've been happy with Penn battle reels.