Those ultralight reels will take a beating from saltwater, buy a conventional saltwater set up. You can use it for everything, tie on a sabiki rig to make bait, put away sabiki rig around a piece of pool noodle foam. Then rig it for live bait.
Google Sabiki Rig.
This is a good reason for you to go make friends at your local tackle shop. Drop by OEX O-side, Nate sells kayaks, but knows all about fishing gear too.
http://www.oexoceanside.com/
236 South Coast Highway
Oceanside, CA 92054
(760) 721-6195
Search function covers many of these topics.