Dustin,
I too have the 110cm Rabitech w/ a reel. I've found that if you're not hitting big fish and don't really want to engage in the use of the reel, get a light snap swivel. Don't use it as terminal tackle, but more as a release mechanism when you have a little more tug than normal.
Many of the higher quality reels shouldn't really have their drag's wrenched down all the way all the time. Not the best idea.
You'll notice an impact in performance when you decide to loosen it and fight a decent fish.
The snap idea, with the use of your bungee, should also keep your reel from moving.
Good luck,
Anderson
