Glass minnows aka "nehu" were the #1 shoreline forage in Kaneohe Bay, so I too grew up throwing nylon floss jigs on 4# ultra light gear. Haven't fished there in at least 30 yrs. - wouldn't mind seeing how soft plastic replicas like the Lunker City 2-1/2" Fin-S-Fish "Ice Shad" would work. You might be able to find vintage 704s if you look hard enuf as the old Penns were made to last. In my day the reel to aspire to was the Mitchell Garcia 308, but growing up without much spending $ us kids had to settle for Compaqs.
I haven't tied any yet, but think natural wool would make an ideal glass minnow tie material.