Jiggin' / crankbaits & bass / catfish. That is 3 different setups in my opinion. Don't buy something that is going to be mediocre in 3 areas. Spend it on something that will be awesome in 1. Then save up, get the next one, rinse, repeat!
My preference:
Single pole jiggin': 7'6" BPS MicroLite Rod, Pflueger 6925 reel.
Bass: 7' St. Croix Mojo Med-Fast, BPS Pro Qualifier reel.
Catfish: Big Ole Pole, Big Ole Reel (or winch).