Spyderco Dragonfly 2. If you are decent with sharpening and need a laser that can hold an edge forever, splurge for the zdp version. G10 version is nice too as it has liners.
Esee Candiru if you are allowed to use a fixed blade in that size. Esee can take a beating and will take an edge quickly (1095 steel).
I'd probably just carry a victorinox cadet. If you do a lot of cutting and need a better steel go with one of the ones Brancron mentioned. I'm partial to the Pingo.
Takes a special sort of Looney to be afraid of this little guy. There are FRN models much cheaper than this titanium one too.
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