I REALLY like the Smoot Hound, I guess it is the next one on my list but that is easy to say since I have several folders already.

I guess if you need to fold it often go for the Tern. If you ride more than you fold go with the SH.

I would think that with quick release pedals and quick release on wheels you can fairly easy reduce the size quite a lot. I think a bag would be needed to keep it all together.