I say go for it! I've been thinking about getting one myself. I like the red spool which is not available in the lower speed version. I have a TD-Pro, which is the same reel except for a couple of extra bearings and I like it a lot. The Exceler seems like a much better value, and did I mention I like the red spool?
I find that if I upgrade the spool bearings to ceramics, or at least flush and relube them with Quantum Hot Sauce oil, it makes a huge difference in performance. Even a low priced reel can cast like an expensive one.
Ebay seller "dolilfishie" is a good one. Got my last reel from them. Sucks for me that they don't carry the lefty versison, but here is the righty.
http://cgi.ebay.com/Daiwa-Exceler-7-1-U ... .m20.l1116
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