ZippyDan said:
a friend of mine has an M16 with carbon fiber handle and its the perfect size AND incredibly light (which is apparently a discontinued variation?).
so now im still looking for recommendations on a small cheap edc. light would be a plus but small is major consideration
Just to note, not only is the CF handled M16 variant discontinued, it was NOT a cheap knife when it was out - they were close to double the MSRP, if I'm remembering right.
It's not quite as cheap as you want (I think?) but the Benchmade 530 is unbelievably lightweight, has 440C, and the Axis lock. The most "I forgot I was carrying it" light knife I ever owned. Full MSRP is $90, so they're available around $50-$55. It's Zytel - it's basically a folding boot Griptilian.
Unfortunately it does LOOK like a folding boot knife, which I think is something you were trying to avoid. Oh, crap, you didn't want plastic either.
Ok, let me go READ your original post.
Ok. (By the way - the Shasta and the aluminum M16 weigh about as much as the Monochrome, they aren't lightweights either.)
I had a knife I gave to a friend, or I'd offer it to you. if you want your other requirements, AND really light, you want one of the Fred Carter designed folders from Gigand. These.
http://www.agrussell.com/knives/by_maker/e_through_k/fred_carter_knives.html
http://www.knifecenter.com/kc_new/store_detail.html?s=D9816C
http://www.knifecenter.com/knifecenter/gigand/spectrum.html
http://www.ndsproducts.com/gigand.html
Ask in the Knife Exchange here, or keep an eye on Ebay, you shouldn't have any trouble snagging one for $30 or less. Aluminum handles, AUS-8 with a decent heat treat, ground to a nice fine edge, fairly elegant, and very, very light, especially the Spectrums.
I checked and Sparks doesn't have any at One Stop, or I'd just point you there.