I had a Kershaw Cryo that broke recently (my fault, not a problem with the design), and before I order a new one, I'm looking for input. It must fold so I can carry it on-campus (folding knives are considered tools). Besides that I don't really have design preferences, although I'd prefer a non-serrated edge so it can be sharpened.
So, post your EDC knife or any recommended knife. Preferably under $40. Do it.
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Benchmade 550HG Griptilian. If it's not in my pocket, I have either gotten there on a plane, or something is seriously wrong. It's a little above your $40 limit, but if I didn't have mine, I would save the extra to get this one back.