My Charge TTi has the same serrated blade, and I like it a lot for cutting fibrous and some hard materials. Although I use the PE for most things, the SE works well enough for general utility that I consider it a good backup if the PE is damaged, dulled out, or in some other way can't be used. One good thing is that the Leatherman serrations are on the right side of the blade, much easier (for right handers) to control while cutting through stuff, a matter of muscle mechanics, I believe.
My opinion is based on limited experience with serrated blades, consisting of Leatherman, a Vic OHT (also righty) and Spyderco Endura (lefty). All three felt different in use. Basically, I could easily live with any, but overall I preferred Leatherman. Once I emailed Spyderco a question as to why they serrated the "wrong" side. Sal Glesser personally responded that his customers were mainly concerned with rapid separation of materials, and that if a downward cut were to stray from its intended course, serrations on the left would cause the blade to curve away from its user, a safety issue. Nice of him to reply, I thought. I love his knives.