Well this is up for discussion for sure. One of the biggest things one can do to immediately feel the advantages of adding bearings...or tuning as you will....is to add bearings to the knob on the handle. That you can feel as it does make for a much smoother rotation. Some reels cannot be tuned...or it is not worth it to tune. On the Ballistic FW LT 1000S-P the tuning kit adds 2 bearings for the knob....it has bearings for spool support and drag support. You will in all likelihood not feel any difference after adding the drag and spool support bearings. But the drag system on the reel will function more smoothly than when it had the bushings. How much this is worth is up for debate. Another big upgrade that is worth the money is either adding a line roller bearing if the reel did not have one...or adding one more for a total of 2 bearing line roller system. I think you have the Ballistic FW LT 1000S-P reel. For around 47 bucks you can upgrade that reel to the Daiwa SLP Works Day Sprout DSLT 1000S-P. The Day Sprout reel costs 340 bucks delivered to your door. The only difference between the Ballistic I upgraded and the Day Sprout is it is painted all black. Daiwa and Shimano both offer tuned reels in some models. The Presso Limited is a highly tuned Presso.....the Shimano Vanquish FW Tuned is a tuned Vanquish. Some will even have the gears in reels polished to make for smoother rotation. Changing handles and or knobs comes down to a personal preference thing and may not really give you better performance. Although many will disagree with that. The drag clicker on the 2020 Luvias and 2019 Ballistic FW are the same...not very loud at all. You can even change that as some do...but a custom drag clicker from HedgeHog runs about 75 bucks. If sometime you have nothing better to do check out the HedgeHog site and read up on reel tuning. There are other things you can do also such as changing out the line roller itself. As to whether high dollar reels need tuning or not is up for debate...but just to show you, Daiwa SLP Works offers an tuned Exist for around 750 dollars....a regular Exist sells for around 600 bucks.
Regards
HEDGEHOG STUDIO|Official Distributor of Fishing Reel Bearing