Folding knives break in the middle. Thats how I Look at it, simply. Yes, they have a locking mechanism, but that can still fail. I've had it happen, and if I can pick them out among the ones I've earned more honestly, I'd show you the scars to prove it.
There are ways to use a folder in defense that minimize the potential for failure, but still there are problems - a folder takes a lot of fine motor skill to get open, and fine motor skill is something that will desert you under high stress.
That is why I like a device like the Wave found on knives from Emerson (
www.emersonknives.com ) because it catches and pulls the blade open as you draw it - removing, hopefully, the need for having to engage your thumb to manipulate it open further.
That said - a fixed blade is better. You can access and present a fixed blade faster, with less hassle, and they are stronger.
As was pointed out, they are easy to clean which is a plus if you plan to use it not just for defense.
Mete said "A 6-7" fixed blade has long been considered minimum for a combat knife. How many that carry for defense have that ? Just as important for defense is training How many have that ?"
I have a couple issues with that - first of all, he is correct that a COMBAT knife should be a 6" to 7" or 8" blade - but a combat knife and a fighting knife/personal defense knife are two VERY different things. A combat knife is a strong utility tool, that is going to be carried on a belt, with a lot of other big gear, by people who are supposed to have weapons. Its not the kind of knife someone carries for defense.
Now a fighting knife can be had in those sizes, but a fighting knife in those sizes is most likely only going to be an option for soldiers as well.
So we are looking at defensive knives - and a good defensive knife can have a 4 to five inch blade. Heck, the defensive fixed blade I carry has a 3.5" blade that I think is just about perfect.
I would suggest a small fixed blade, a neck knife, either an
Emerson La Griffe or a
FrontSight Knives "HideAway" which is probably the better choice, as it offers more options, and is custom fitted to each user - and still has a reasonable price, especially for the materials used and the craftsmen involved witht he project. And, its designed by a woman too - if that matters.
And a medium to large fixed blade - something like the Camillus Cuda CQB-II or perhaps the regular CQB-I (the larger of the two)
http://www.agrussell.com/camillus/ca-cqb1.html They come with kydex sheaths capable of either IWB or belt carry via tek-lok. The
Spyderco Perrin Bowie might be another idea. Also, look at the stuff Cold Steel (
www.coldsteel.com ) offers.
And one or two good folders - Emerson, Spyderco, Cold Steel, Benchmade and Kershaw all make some really nice folders of all shapes and sizes. A web search, or a search of knife dealers, will show you the available models from each.
There are advantages and dis-advantages to both - with folders the disadvantages are potential failure, and difficulty on the draw - advantages are that they can be carried easily, without much fuss or muss, and that they are handy because of that. Fixed blades are a little more work, but not much, to carry, and they do come out faster/more reliably - but they are not legal in some areas.
I'm lucky, int hat I can carry a fixed blade - so I am rarely without one, even a small one. But I am almost never without a folder either. (As well as a few non-lethal tools for the defensive step between un-armed and deadly force, i.e. knives.)