The problem is that it's hard to match the SRK's general strengths even at a much higher price. Perhaps you should reconsider your requirement to not have rubber handles. All the knives mentioned in this thread are fine knives, but I don't think any of them are necessarily better than the SRK, and the Spec Plus and Buck both either have rubber handles or at least rubber inserts. It makes little sense to look at them.
I've played with and sharpened an old Buck Nighthawk. It was a disaster, mostly because of the edge. With the new Edge 2000 hopefully it'll be a much better knife. But still, the steel is kinda mediocre, and although I like the handle, opinions vary widely on it.
If you're willing to reconsider rubber handles, the knife I'd consider over the SRK is the Fallkniven. It's stainless (VG-10), but very tough, holds an edge very well, and most importantly has better edge geometry than the SRK out of the box. Otherwise, the kabar with leather handles seems like your only other choice.
In your position, if I really dug my heels in and said no rubber handles, I would up my price limit to $150, and start looking at the custom knives of guys like Livesay, Madpoet, Rinaldi, Dozier, etc.
Joe
[This message has been edited by Joe Talmadge (edited 08 July 1999).]