I am getting the powell diesel 7'2" Med Hvy rod. I think I'm going to get a good 7:1:1 reel. If I put 17lb fluoro on it would this setup be good for swim jigs, spinnerbaits, squarebills, lipless crankbaits, chatterbaits, and T-Rigs. Also, would I be able to use football jigs for this setup. Thanks.

Besides the crankbaits, those lures will be fine long as you are in or around the weight raiting for the rod.

Personally, I like mono for spinnerbaits and shallow crankbaits. I use fluoro for deeper cranks, but 17lb is too heavy. I think that is a perfect set-up for football jigs and for heavier Texas rigged worms though. I can't really comment on swim jigs and chatterbaits because I don't use them.

I don't know what the lure rating on that rod happen to be but it would more than likely be a good all purpose rod with the exception of square bill cranks, and liplees cranks. I find medium heavy with a fast action is too much for baits with treble hooks, find a good medium power with a fast action for the square bills and lipless baits unless or a rod with a moderate to moderate fast action on the medium heavy side.