The izula folder won't be out for a while I don't think. Stick around the forum, check out the esee-3 prototype thread, there are pictures of a new folding esee-3! It is pretty dope.
You'll love the izula-II. I have both, and you'll want the micarta handles for an EDC knife, it makes it much more comfortable in the hand. You can wrap an izula with paracord, but it isn't going to feel the same.
Now if you are thinking that you need the knife to be super slim so you can hide it, a paracord wrapped izula might be good, but I think the izula II is more to my liking as I can get a better grip on it since it is thicker and more textured. If you need to keep it slim to sneak it somewhere that you shouldn't have a knife, you'd want an izula. I'd hope that you don't need to do that, though.
You'll love the way the izula II feels. I laid out some knives for my brother and let him pick one for me to buy for him....Becker Necker, EsKabar, Izula, Izula II, HEST, RC-3MIL, ESEE-3MIL-S and ESEE-4. Out of all of those knives - regardless of price - he picked the Izula II. That should make you feel confident about your selection.
Plus, you'll pick up an Izula and an ESEE 3, 4, 5, 6 later on after you get sucked in by the Izula II.
