I don't think you can really go wrong with either of these 2 knives. But, I had some quality problems with my EDC when I got it. The Paragee had none.
The Paragee is longer and slimmer than the EDC. Certainly I'd say that the AUS8 steel is better than 420HC, tho the latter is acceptable. For me, the action of the Paragee is smoother, and the lock is easier to open than my EDC, by quite a margin.
The EDC's lock is probably stronger, but I doubt many people can hang onto a knife that is being torqued enough to make a frame lock fail, so that is probably irrelevant. It's blade is slightly shorter, but is wider and has more recurve. It probably has a slight advantage in cutting because of those 2 factors.
The Paragee is significantly cheaper than the EDC, even the basic. About $10 I believe.
Put all this together, and I'd vote for the Paragee.