I was at Dick's the other day and they had a Abu Garcia silver max b/c and berkely lightning rod combo for 49$. It seems like a good deal, I know lightning rods sell for about $40 but I couldn't really find prices for the reel. I saw reels on ebay going for about $40-$50. What do you think?

You are basically getting the rod for free with that combo.  The lightening rod is a pretty good rod to start out with or use as a backup.  I would say it is a good deal for that price.

Silver max

http://www.***.com/descpageRLCABUGAR-AGSM.html

This is a great low priced combo. My dad has one and loves it. I've used it some and was very impressed with it.

If its the split grip lightning rog grab it

It is the split grip.

Its a good deal for a low end combo, especially at that price

I picked it up today. Now I just have to figure out how to use it (first baitcaster)

That honestly is a good price. I don't know about the rod, but I have a silver max and it is actually a good cheap reel.