Based on customer feedback found across the internet, from actual users of this product, we have given this product the following rating: 
Penn Jigmaster 500L Review
This classic Penn Jigmaster Reel still holds its own and is a superb choice for all-purpose 20-30 lb. class angling. Whether you're jigging iron for rockfish or live baiting for tuna, the Penn Jigmaster reel has already been there and done that. Live bait anglers love the Jigmaster for its high-speed retrieve and quick-take-apart frame, useful for changing spools when fishing conditions change.
Penn Jigmaster 500L Reviews
Actual Customer Feedback:
"I had one of these reels when I was a young man, and it worked great. Back then I purchased the reel becasue it was low cost and I had little extra money, now I have the money to purchase any reel and I went with my old frend, the Jigmaster."
Portion of actual user review from basspro.com
"This real is great its a perfect size for holding all day and i couldnt believe how much braid i could fit on it."
Portion of actual user review from basspro.com
"Good real. I might actually need the next larger size."
Portion of actual user review from basspro.com
Our research on the Penn Jigmaster 500L Reel Suggests:
According to the general online consensus, where our research is based on unbiased customer comments and user feedback, this is an excellent reel and excellent value for the money. There were only a few negative comments about this reel.