Hey everyone, thanks for all your help. I think I've made a decision. I decided to get the Leatherman Wave and a Benchmade Griptilian 551 combo. I found a great deal on the Leatherman and on the Benchmade (Thanks to LastRodeo). I even found a Trophy Shop where they engrave Knives and are making me a sweet deal as well. It got a little over my budget, but if everything goes as planed, everything should round the $130. I still don't know what part of the knife to engrave. I've seen a couple of pictures with the engravement on the blade rather than on the handle. I really like this idea, but the pictures I've seen are laser engraved, and I don't want to damage the blade. On the other hand, I'm not sure if the Handle can take the engravement or if it will look good. The trophy shop clerk even told me that he could do the Leatherman as well for an extra $10. I'm considering it, but that;s really stretching the budget.
Anyways, what do you guys think about the engravement? Is this a good Idea/ gift combo?