We use the yellow braided stuff (floating). I just bought a new roll from wise buys. I think it was around $350 for 600 ft. You will use 125' or so at the boat and will get 475' for anchor line. It floats which is great for Hally. You drag it out of the scotchman device, then instead of having to pull it out of the water, it is laying on top of the water. Much easier to pull in. Like craven pointed out, there is no memory, its nice and floppy. Just pull it in. I got mine at wise buys and Bill was kind enough to rig it up for no extra charge. And he even gave me a little tutorial in the parking lot. Though I did get em a box of beer for his trouble.