Good folding knives in the $20-$40?

Swiss army or buck. Both good folders with your price range that last a lifetime. The key is to provide a sharpener system to keep them sharp. Cheap alternative is 1000 grit sandpaper.
 
Sypderco: Persistence, Tenacious, Ambitious

Kershaw: Leek, Skyline, Chill, Zing, Half-Ton

CRKT: Drifter, Pazoda

Boker: Subcom, Trance

KaBar: Dozier, Phatbob, Fin

Those are the ones that I've been looking at, and figured you could might like to see them as well :).

Good luck.
 
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