I own an Okuma Diezel spinning combo and have used it for the last three carp seasons, surf fishing for salmon and occaisionally for trolling. Combo was purchased for $40 US and still going strong.
Vs
A $40CN spinning combo from a local retailer (wasn't a big brand name) used shore fishing for fish in the 8-15lb range, that did not even make it one season, mono line grooved the eyes and the drag was shot.
My point, echoing what Raf shared with you, for the price, decent gear. Not sure what you are going to be targeting with this setup but being that it is an ultra light, I am going to guess that it is not for large fish?. Although there seems to be a high percentage of members here who do not like Okuma the rod you are considering appears to receive more positive than negative reviews when I googled it.
Happy fishing