Is that old spinning reel worth saving?

While (sort of) nibbling away at the inside of my cheek, I also mulled a spinning reel’s exterior workings.
The mental debate became whether the reel was salvageable or disposable. It happens eventually with every one of my fishing reels. In the old days of Garcia Mitchell 300s (the chief of the Mitchell clansman) I could disrobe a reel to its most basic components, wipe them down, add some grease where grease was required and oil where oil was requisite.

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