Been using braid since the '09 pink run and love it. Im running Power Pro 65ib. for ocean, Fraser, Stave including the Vedder/ and have had success including landing 2 steelies this year! Here are the pros and cons:
Pro:
-smaller diameter
-strength and durability
-highly visible(us)
-easier to fix birds nest than mono(IMO)
-no memory
-no stretch
Cons:
-snags(due to strength, it can be a
Hindrance especially if you have to cut line)
-slowly wrecks the guides
-slowly wrecks the reel
-highly visible(fish)
-pricey
New technology should have these braided lines improve drastically visibility issues. If you do end up lining with braid, use 30ibs and up and have the tackle shop line it for you. Might be cheaper than purchasing 300yard spools. I've been using Power pro main and 12-20ibs fluorocarbon leader depending on the situation and will stick with it with most applications for recreational game fishing with gear...
Hope it somewhat helps. Fish on & tight lines!
Mike