One of the best values I have ever seen in the small fixed blade custom market is Wayne Hendrix. He offers an amazing value for the quality of work he is producing. I bought 5 at Blade in Atlanta, and haven't even thought about selling one yet. They are truely keepers.
Another maker I have a small knife like this from is a forum member named Brett Bennett. I met Brett a while back and got 2 fixed blades from him. Not too long ago, I got talking with Brett about a fixed blade in the size you were talking about. We talked about the details I wanted and he faxed me a drawing. This week, I picked up a knife at the post office. The blade was a little over 3" and the handle was spalted madrone burl. Came with a zipper case, leather pouch sheath, and certificate expalining all the details of the knife. Brett's fit and finish is amazing. The knife is an excellent value. I can't reccomened this maker enough to anyone that wants a great little using knife, or big using knife. He offers a great value and is a great person to work with.
JR