I prefer smaller as well. I understand the logic that there are a few tasks that "only" a large knife can do effectively, but those tasks are quite rare in my case, and when I do need to do them, usually I know in advance and can bring along a larger knife (like a chopper or machete) that is specialized to the task. I think it's fair to say that the majority of common knife tasks that I do wouldn't require a blade larger than 3 to 3.5", and many, not even that big.
I just had a long-running thread asking the question of whether large folders really give you anything that you NEED, performance wise. I concluded that for me, the answer is No. I like large folders because of the craftsmanship or artistic aspects of blade-making, but in terms of usage, I virtually never NEED a large folder bigger than about 3.5". Really, same thing for fixed knives, about the only time I need something really big is for chopping and batoning wood, and for me, that's fairly rare. Usually I get by with my Silky saw and a medium-sized fixed blade.
My EDC is now a 3.5" folder, a small MT (2" folding blade), and a 3.5" fixed blade in a Mercharness.