I have both reels and the HD is on my 9 weight and balances nicely. It is a much heavier reel but surprisingly has very little capacity difference.
The LW balances my 12'6" 7/8 perfectly. I would reccomend the LW for a 7 weight rod. You may have a little problem making the capacity you want. I've always figured 150 yards was enough. Once a fish is more than a football field away I think odds of getting him back are low.
By the way the LW is my single favorite reel. Good choice.
I would second that the LW would be a better choice on the 1307 but the extra weight of the HD should not be a major concern either. I fish a 4" Perfect on my 1307 and don't find balance, or lack there of) to be a problem.
A forum community dedicated to Spey casting, fishing, flies, and enthusiasts. Come join the discussion about trails, licenses, fishing, game laws, styles, reviews, optics, accessories, classifieds, and more!