+1 for ZT. Bought my first this year and have really enjoyed it.
Bottom line is that you have a lot of really good options that are at or south of your $200 target. To get any real help pointing you in the right direction for your needs, Colorado is giving you good guidance. There are some REALLY knowledgable folks here on BF but your not going to get much help without some detail on your use, carry style and performance expectations.
With that said, and having no specifics other than how much $ you have to spend, some obvious options might be Spyderco PM2, Gayle Bradley, Military, Manix 2, the Benchmade 940, 710, 810,,, a number of ZTs and the list can go on and on. Oh,, and don't forget all the great options in fixed as well. Most of those listed will even leave you some room on the gift card after purchase. Man,,, I wish I had a $200 gift card!!!
Good luck and happy shopping. Be sure to post pics of your choice.