Hi Steve,
I've got the pe2-4 spinning version of the rod and really like it, its strong and the combination of graphite and fibreglass is very good. I think you'll be fine running 80lb braid on it as long as you don't overset your drag, the rod will say whats its maximum capacity is, probably about 12kg mine is 10kg which is more than you should need when targeting kings and jews in Sydney.
In saying that though the rod will always go before any braid as i found out the hard way a few months ago, if a fish has you wedged in something well enough and the line isnt hitting anything sharp then the rod will just snap as the braid is too strong.
Good luck with your choice
Josh