Hey horsefly...
I agree that you should try a medium rod first. It will allow you to fish many more flexible ways. I think if you check a med/hvy rod will say for lures 1/2 oz and up... where a medium will usually say for 1/4 oz. If you are fishing jigs and Tx rigged worms or CR, you may lose a little with a medium vs. med/hvy.
For just starting out, I agree with what you are doing. My first wife says all my tackle just disappeared... doesn't know where it went during the divorce... over 20 years ago now.
So I did not fish for a very long time, but when I started fishing again, I bought the really inexpensive rigs from WalMart. They were OK, but if I fished very much, which my fishing did grow and I fished more and more... they would wear out every year. So, if you start with the inexpensive stuff, it will allow you to experiment, learn, and if you tear it up, you're not out much. If you get to where you fish a lot, and the stuff keeps wearing out every year, you may then find that the more expensive stuff is worth it in the long run.
Some simple financial analysis will tell the tale for you.
Danny



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