I love reading these arguments.

It's like "is a folding 9mm better than a fixed .45 ?" <img src="/images/graemlins/grin.gif" alt="" />

As the saying goes, a .22 in your pocket is better than a .45 at home.

As I normally EDC a folding knife, that's my first choice.
But when specifically going "outdoors", the social/legal possibilities change and I then always try to bring a fixed blade along.
Both have their usefulness.
And anyhow, redundancy is a key in preparedness...