I like stream light. Good value, but nothing for $70.
I like Kershaw, too, but you can't beat a Spyderco! They have a few more budget friendly knives, but the one that became my EDC is a ParaMilitary2. Cost me a few over $100, and worth every penny.
Amazing ergos, amazing sharpness, great blade steel, pointy enough for delicate work, broad enough for self defense, its the perfect carry knife!
I used to secondary carry a Spyderco Ladybug mini-knife and a Kershaw Skyline FB, but soon stopped because the PM2 could do it all.
I sometimes carry the FB if I'm going somewhere where I think I might need 2 blades as well as when I'm biking since a blade in pocket sucks when taking a spill, and I sometimes carry the ladybug as well if I'm in wierd conditions since it's in H1 rust-proof steel, but otherwise the PM2 is my knife...
As for a carry flashlight, 4sevens quark pro QPA single AA. Lots of modes, plenty bright, great battery life, small, light, easy to use, and a great warranty.
Plus it comes with a ton of extras and accessories, and fits the budget quite nicely around $50.
Edited by Watcher, 24 April 2013 - 09:44 AM.