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Can't go wrong with either, and they are my favorite two Spyderco's.
Just go with which size you want the most.
Glad I don't have to choose, but if I had to i would go with the Military.
There are other 3.5" blades I'll carry, but the Millitary is the only folder with a 4" blade that I would carry.
Its very light for a 4" folder, and the large handle gives you a few grip options.
get the military.........................
While the pm2 is a brilliant knife, nothing can be on the Millie's level of perfection.........
Millie. I don't like the blade to handle ratio on the PM2.
You've got a better eye than me!
blade:handle
Mili = .727
Para2 = .714
Difference of .013
Trying to decide between the two prefer large blade dont know what i will think of the compression lock any help