I am a lot like yourself we just dont do enough fishing to warrant big flash expensive gear that sits around for the bulk of the year or untill the phone rings in which case im ther within minutes.
in terms of cheap reels it all depends what price bracket where talking. Be it under $150 or over. i personally use a penn cv8000 reel on my surf casting rod and although i have only caught barley legal snapper and the odd sting ray on this it was much like or even better than your hyperloop 4000.
i also have two okuma overhead reels but if my usage and income was higher i would possibly look at finn nor tackle. some very nice products here and the best drags in the industry.
im not trying to sell you a rod and reel here but you do get what you pay for and i myself have lost fish due to cheap reels failing under load or pre tied ledger rigs falling to bits on you.
it really does depend on your budget. marine deals or burnsco as well as smart marine are some you could try. i know marine deals sometimes have some cheap finn nor reels come through for $100. I myself will buy one in the next few weeks and let you know how it all goes.
i wouldn't bother with the hyper4000 as they are designed to fill a gap in the supply chain. as having done a course in distribution a supplier will rather supply a cheap product than look bad and not supply anything and lose clientele.