Harpo,
I've used the Innerline rods, with the same results as noted above.
However, the other rods that you speak of - "revolver" style wrapped rods - work fantastic when done correctly. I have a few that I have built over the past couple of years. My earlier ones weren't set up with correct spacing on the wrap portion, and castability suffered. I finally got it right, and they work great. Quite a few people make them, and there is a lot of talk about them on the Bass Fishing Home Page over the past few years. If you go to BFHP, Rods and Reels section, and then do a search on Revolver rods, you will probally find a lot of information. I've "converted" a few rods to that style, and built some from scratch. The ones from scratch normally come out better, as you can get the rod splined correctly from the start. I've also completely stripped a 6'6" MH Pflueger Trion IM-8 blank - cork, handle and all, and restarted from scratch. It's probally my best one so far. If you have something in mind that you want to set up, give me a shout, and I'll see if I have a setup written down for that blank. Do you wrap rods yourself? If not, would you like some help giving it a shot? It's as addictive as building your own tackle, if not more.
All the best,
Glenn