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Actually---the 300 is nowhere near as simple inside as the Penn 704 or 710. The later model Mitchell 386/486 and 388/488 reels were masterpieces of simplicity, but as I recall, both the 300 and 302 had a planetary gear drive that was a little tricky to work on. Never had a 306 apart, so I can't speak as to that one.

The drags on those things are spring-loaded and a little hairy to work on, too. Most of them had a schematic of the drag washers and springs, and their proper order, on a decal on the bottom of the spool.

They are worth rebuilding IMO if it can be done at a reasonable cost.
 
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