There's a lot of Maxcatch users on here who like the gear. I've one of their "more expensive" rods and it's ok . The line are very good value.
Check out the Maxcatch thread in the tackle section.
Have you looked at Maxcatch's own website, you might find other combo's cheaper there.
What do you lock your bike to?
I've seven miles of cycle track opposite my house which follows my clubs river, but I'm a bit wary about leaving the bike unattended on a track when I climb down to the river. Even locked to a tree bike parts could disappear.