under 3-hundie? cool.. you have lots of options. i definitely love my s30v blades. it's one type of stainless you definitely shouldn't write off.. i've heard great stuff about s90v, bg42, & vg10 as well -- so i wouldn't buy into the stainless is weaker mantra of old. there's some new(er) kids in town that prove it waaay wrong.
i'd suggest these:
large sebenza, if you don't mind a plain-looking utility blade (someone link me to the cheapest dealer please - the sugg retail of 345 i think, but i bet there are some savvy dudes here know where to get it new for less than 300; i could be wrong)
benchmade 806d2 with a filed-down axis lockbar
spyderco chinook 2 (sorry, but it's not a drop point, but it happens to be my personal pick for one of the top 3 undisputed knife values period. comes in s30v)
benchmade blackwood collaboration (kinda flashy, but looks mighty solid, & comes in s30v)
extrema ratio fulcrum 2, mpc, or nemesis (just mean, ugly as sin, & indestructable - ask around)
al mar sere 2000 (not too sure what steel, but it sure is a good-lookin knife that has many dedicated fans)
for another 150 bucks above your budget, go pick up a
duncan aftershock in s30v.. i did, & it changed my religion as far as folders go

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