The Deerhunter is my fave lightweight & inexpensive camp knife hands-down, and the catalyst for all my thoughts on small camp knives in general.
The small-knife jobs you do camping -- food prep, cutting bandages, whittling walking sticks and hot dog sticks, etc. -- are better served by a razor-sharp high-performance blade than they are a huge indestructable one. Your large camp knife can be indestructable -- your small camp knife should CUT. The whisper-thin blade on the Deerhunter is a razor, drop point shape is perfect, handle is incredibly ergonomic. Anytime I go camping, if I've got the Deerhunter, I know people will be borrowing it the entire trip.
The sheath is also great for camp use. The swinger clip means you can transfer it from your belt loop to a strap on your pack, or to a twig from a nearby tree, or to the loop at the top of your tent, all without removing your belt.
I also used it heavily in the kitchen for a while. A knife with a guard isn't perfect for kitchen use, but the guard is small enough not to get in the way too often, and the whisper-thin razor-sharp edge really makes it worth using.
Great knife, and at a price you shouldn't even think twice about it!
Joe