Carry a Graham Stubby Razel in a pocketsheath in the right-front pocket, and either a Leatherman Juice (kf4 or xe6) or a Wave in my back right pocket, hanging from a belt loop chain. My philosophy: A good knife is a good knife. A good multi-tool is a good multi-tool. So why not carry both? I can be rougher on the Razel, since it's a small fixed blade. Plus, it has better steel, is sharper, and has better knife ergonomics than any multi-tool blade i own. The multi-tool is great for the serrated blade and all the tools, just not the best knife in the world, IMHO.