I currently use a Silva Starter. One reason I chose it is because of its compactness: I have a lanyard on it and wrapped around it and it tucks/stores neatly until I am out on the trail. I think the Starter or Polaris is the way to go.

The Military Lensatic Compasses are cool, but I just go on the KISS principle here. I loved playing around with the military model type as a kid, since I was a military brat and my Dad had one, so I got my fill of it then. I think haertig gives some good advice concerning them: there are alot of models out there now and buyer beware, some are probably "trash," I think.