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Before they made the inline reels with the free spool feature you'd have to pull the line out like a fly reel and some guys even used fly reels and still do. I tried using a fly reel a few years ago and you're right it was a real pain and couldn't get my jig back down deep as fast as I could with the spinning reel. Now with the free fall feature that's no longer a problem.
I honestly would not recommend one ....they are over priced problems marketed because of a fade ...get a decent micro spinning reel