You can't really go wrong with the Fisher Space Pen. The "bullet" model is pretty compact when capped (just under 4" long), but with the cap flipped around on the other end, it's a standard length pen. It'll write just about anywhere, and the refills seem to last a very long time.
I can't agree more. I carried one for years. They even survive in the wash...
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Trying to find the justification for a $40 pen at the moment...
But a used one first.
I really don't want to start thinking too much about the because I might spend the money, myself...