I carry all of my multi tools in custom leather sheaths, that also have a side loop for whatever flashlight I carry with that combo.
My current EDC is a SOG PowerLock (replaced today via SOG's excellent warranty service!) with a Streamlight Scion. I also can carry my Surefire E2-e, or my Streamlight twin Task 2L in the loop if I choose. My other EDC combo is a Gerber 800 Legend, with the loop sized foreither the Scion, or the Twin task.
As for the Charge, a local dealer finally has them in stock, so I handled one today, along with a new style wave, and the old Wave. I like the fact that leatherman beefed up the pliers on both units, but I'm not sure if the Charge is worth the extra $30-40 over the new wave. I had intended on purchasing the Charge today, but I'm now going to hold off until I have the passaround for a bit. Should I win the passaround, or decide to purchase one, I will make a custom sheath for it, the bit holder, and for one of my flashlights.
if you are interested in a custom leather sheath, we have two great members here at BFC who make them to your specs. Gary Graley, and Lifter4him.
Run a search for them, and you can see pictures of their work. Absolutely outstanding sheaths by both, and very reasonably priced.