Is this a good set-up for freshwater fishing?

very good reel and durable rod but first check for balance. you can do this by putting the reel on the rod and, using your index finger, balance the rod right where the blank(rod shaft) meets the beginning of the handle. it should balance on your finger without falling off. you can move it to balance it but no more than an inch either way. the line is fine(that rhymed!). i ume your terminal tackle is for catfish. if so,circle hooks are, in my opinion and the pros opinion, the most humane- they really cut down on gut hooking which means they seldom kill the fish. they almost always hook the fish in the corner of the mouth but you gotta remember DON'T set the hook! circle hooks will set themselves as the fish moves on with the bait. the leader, swivel and sinker are all fine but maybe a little heavy. if not for food-CATCH AND RELEASE! tight lines!