The lightest, smoothest, and fastest retrieve reel I know of is the one my wife and I both own, Shimano Vanford 5000. Lite weight, 7.8 ounces, holds well over 200 yards of 30 lb braid, and over 20 lbs of drag, Each turn of the handle retrieves 40 inches of line. Also safe for saltwater use. I fish a lot for Steelhead and Salmon from shore and its the best spinning reel I have ever owned and I'm 71.
They are not cheap, $250.00 from Cabelas, but worth every penny. If anyone knows of a better spinning reel at that price range please let us know. I can't think of any, and our pervious spinning reels were both Daiwa Ballistics , same price range, which we had bail failure after less than a year, our Vanford bails closes now, after heavy use, just like it did when new, important when bobber fishing for steelhead and salmon.
Not a good feeling when your bobber goes down and you close your bail and it fails and you have no hookup only slack line.