Yeah its definitely worth it. I've got a cheapish Rovex 8'6 squid rod and I've used it for salmon, mullet, squid, flathead, whiting, bream and garfish. I've matched it with 2500 - 4000 sized reels and they seem to balance well. It's only 70 dollars from BCF as well.
I use it mainly off the beach, rocks and wading. It casts decently well with light line