Abu Garcia's relatively new 800 series is the bomb. I have three - two 802s and one 804. I got an 802 some time ago, and added an 804 a few months ago and another 802 this last weekend.
They have all aluminum frames, side plates, rotors and bail arm assemblies. The crank arm is nicely machined aluminum. The spool is forged aluminum and it cimes with a spare forged aluminum spool just like the one on the reel. The main shaft is stainless steel coated in a slick (teflon maybe) coating. Hardware is stainless steel or brass. There are two bearings on the main shaft that keep the spool from oscillating under drag. It has a carbon fiber drag - the strongest I know of on a reel this size. The action is as smooth as I've seen on any reel - no wobble, perfectly balanced, no gear feel. The bail is extra thick and closes with a satisfying click. The body has some sort of hard black coating - which seems incredibly tuff. There is no shiny "bling." Aluminum parts are brushed.
I have been thoroughly impressed with this reel. They run about $120 or so. Highly recommended.