Former Navy SEAl CJ Caracci, who has a forum here, prefers the combo edge on a folder for the most part (I hope I get this right.) The idea is that the plain edge up front makes stabbing easier, and the serrations help you cut\slash.
Personally, I carry for now a combo AFCK, though I'd rather it be a plain edged knife. I sharpen my knife regularly and us eit for utilitarian tasks. A plain edge works better for me for EDC so I'd rather have a plain edge than a combo edge. My knife will be sharp enough for slashing, though i realinze I am giving up the power of the serrations. Also, from minimal experimentation with serrated blades and clothes on my part, I don't like how serrations can hang up on clothes.