That Heddon will be a blast to learn on me thinks.
Being an old glass rod you'll have to properly learn the mechanics of a cast, focus on slowing your stroke down and letting the rod do the work.
Those old Glass rods are awful resilient and as long as you don't do something like crush it in a door or ceiling fan I don't think you'll have any problems using it.
I just think the older glass stuff is a better quality rod, and more responsive, even if slower than most of the low end graphite stuff.
If you do decide to go graphite look at something like an echo Ion for $120, you'll have to get a reel and line but that will suit you so much better off than a bass pro branded rod.
Also, buy yourself the nicest line you can afford, the hardness adn slickness will truly make your life easier learning to cast. I know the BP combos with a reel and line are tempting but for just a little more you can get yourself SOOOOO much more rod, reel, and line for the money. I'm a big fan of RIO lines, and I'm pretty sure SA just introduced a very affordable series of lines as well.
Let us know how it goes!