I am looking to get a new rod and reel combo for crankbaits. What size and action rod do you guys suggest I get?

What's your price point?

For a wide range of cranks, I think a medium power, 7 ft. rod with a medium to fast tip is a good all around choice. A rod like that will let you fish topwater baits, even spinnerbaits, etc.

It is up to you whether you choose fiberglass or graphite, or a composite rod (which has some of both). I like graphite, but in my opinion you don't really need the sensitivity for cranking. If you already have several other outfits that you have specialized use for, I would get a highly specialized cranking rod and reel. If not, I think there are many great choices in the $100 range that can serve double or triple duty with a 6:1 reel.

Specifically, St. Croix Avid AVC70MM.

8-)

Specifically, St. Croix Avid AVC70MM.

8-)

just picked up the rod RWs mentioning in an ebay auction for $88.00 used

I'm willing to spend up to about $125 on the rod and I know of a reel I want that is around $100

Now that I'm looking, I may have to spend a little more for the rod

An expensive rod is not really needed for crankbaits. I would use some of the money you save and put it towards a rod for a technique that requires sensitivity, like jigging or rigging.

I tend to use higher end rods from companies like Loomis for most applications, that said I've been very satisfied with my BPS Crankin' sticks. The  new models are supposed to be 20% lighter than their previous version. I literally caught hundreds of fish on these rods last year because crankbaits are my go to bait. I would recomend if your budget allows to pick up 2, one would be 7'6" or 7'11" MH to launch deep diver cranks and a 6'6" M or 7' M  to throw the smaller shallow running cranks around boat docks or skimming baits accross grass flats. I prefer Shimano reels, the Citica would be a nice reel with a 6.1 ratio for the shallow cranks and a Curado with a 5.1 ratio would be well suited for the deep divers.

I was at a Gander Mountain and they have a 7' MH Guide Series Advantage IM6/E-Glass CB rod for $25. It also has fugi components and good quality cork grip. The rod was very lite and has a true parabolic bend. To tell you the truth it looked like a very nice CB rod. If you know about or have fished with one please let me hear your opinion.

Was looking for a casting rod at BPS last week and was impressed with the "bang for buck" they have. The New BPS RCX rods felt great in the hand. I especially liked the textured cork handles. The flex (med) of the rods would be appropriate for crank baits. Next up were the St. Croix Premier casting rods which (6'6"-7'M) are light, well made, warrantied, strong in the handle with enough flex in the tip for cranks. Then were they Bucco's or New BPS Cabonlite Rods which are extremely lite and well made, and stiffer throughout the length of the rod. These rods are around$100-$110. Didn't look much at the more expensive rods, the rods mentioned are more than adequate.