I haven't handled the Gent's folder you're considering, but it is certainly far more elegant than the regular Featherlite. Keep in mind that there is a significant difference in blade/handle length and "ergonomics" (Featherlite has a very effective finger groove for greater safety and purchase on the handle for harder use, while the Gent's has no guard or other safety to keep your fingers from sliding up on the blade). Also, 1.5 oz truly feels like nothing in your pocket, while you will feel +/- 3 oz (tho' not much...)
If you want it just for light chores which don't require a secure grasp, the Gent's is certainly more attractive and is, no doubt, very well made. If you want greater security and the versality of a 3" blade, go w/the Featherlite. So long as you know your own needs/wants, can't really go wrong w/either!
Glen