Telescopic Ffy Rods

Anyone have any opinions, experience, etc. concerning the South Bend
telescopic fly rods? I know there mostly a club and most of use wouldn't be
caught dead using them for bean poles or tomato stakes but one of them may
be what I need. Number one daughter is not an avid fly fisher person, yet.
She kinda piddles around and know the theory. When she gets serious I might
spring for one of the Reddington travel rods but for now it's gotta fit in a
duffel bag, be cheap but not so cheap that it won't last 3 or 4 months.
She's off to the worlds biggest atoll where there are fish the rest of us
might trade our (insert something precious here) for.
http://www.zianet.com/tedmorris/dg/fishing.html
Last trip I got her a telescoping spinning rod. It didn't break and
managed to provide fare for many bar-b -ques.
Cabelas has them in their bargain cave at the moment., so any comments about
the rod and/or what else to send (flys in particular ) will be welcome.