Ryobi Varius (around 1996-2000, 39500jpy, $395) is one of the top quality round reel, with machine-cut aluminum frame and a lot of cold forged aluminum components. Both side plates are made from titanium plates. Varius had 2 brake models, F and M. F has flying arm brake system, the first externally adjustable centrifugal brake system in market. M has conventional magnet brake system. Stock models are in silver and gun-metallic.

This limited Spectra color model was released on year 2000. The side plates were treated with PVD (ion plating) to show rainbow hue. Each plate has different colors and patterns. Spectra color was only for F, flying arm brake system, models. 43000jpy $430
Size of Varius 200 is similar to Shimano Calcutta 100 and F300 is similar to Calcutta 200. If Ryobi had offered the Varius reels 2 years earlier, it could have avoided the withdraw from fishing tackle business.

Colors are different by each reel, and some is in green/gold, some is in purple/orange. Above is a F300 specimen. Other photos are of F200.