Benchmade Pardue 530
Price Paid: $84
What can I say, I love this knife. Ultra-lightweight at 1.8oz for the weight watchers out there yet the handle is long enough to fit comfortably in my medium sized hand. The blade which I believe is right around 3 inches works great and the 154cm steel has held up beautifully. The axis locking system makes this thing a snap to open and close with one hand and it stops itself from closing in on your hand when flicking it close using the Axis system.
Some may worry that the knife is fragile due to its thin profile but I've never had a problem with it. In fact its really felt just as secure as my old EDC (every day carry) knife the CRKT M-16 12 tanto. About the only thing that may be seen as a downside is the fact that the handle has no belly to speak of and for some that can contribute to a less secure feeling. Once again though it has never been a problem for me.
I use this knife day in day out for work as well as camping.
-Long usable blade
-Easy of open/closure
-May feel insecure for bigger jobs for some (hey it's not the Griptillian)
-It is more expensive then your lower end knives (Gerber, Buck, etc) but you get what you pay for.