Reels come in a variety of shapes and sizes, but there are now three basic configurations of reel in common use - overhead, underhand, and threadline (eggbeater). Fishing Reels
In terms of sport fishing, a lure is an object, often designed to resemble fish prey, equipped with one or many hooks that is used to catch fish. See Fishing Lures
Fishing rods vary in length and strain capabilities. Usually fishing rods will vary in size between 6 and 16 feet. This length advantage increaese the amount of force which the fish exerts on the fishermans arms. See Fishing Rod.
The most important parameter in deciding what line to choose is it's Italic test strength. This is the amount of weight the line can hold before snapping. One must balance the trade off between strength and visibility. Visit Fishing Line
In general the hook is concealed within the bait or trailed closely behind or within the lure. There is at least one known species of fish which will bite a bare colored hook, Sockeye Salmon. See Fish Hooks
Sailfish are prized by light tackle anglers for their tremendous speed and spectacular aerial acrobatics. Read More Sailfish Article 
