Okay, kids, here's how the story ends:
I bought a large Sebenza with a nylon pouch. I like the pouch. It's not much to look at, but it carries the knife in a nice, flat package. Donald is right about the method of sewing on the straps. Because the long strap for vertical carry is sewed to the two shorter, horizontal carry straps, you can't position the pouch over a belt loop. The solution is not to sew the long strap to the other straps, but rather, sew the long one on first, and stitch it to the back of the pouch itself. By way of comparison, you may inspect the pouch made for the Benchmade AFO. It shouldn't add much, if anything, to the cost of the pouch, and it would add a bit more in terms of flexibility.
Incidentally, I like the fact that the nylon Sebenza pouch will fit (vertically) on a relatively wide belt--wider than what will work with the aforementioned Benchmade pouch. I'm a bagpiper, and the waistbelt worn with a kilt is about 2-1/4 inches wide. The Sebenza pouch rides very nicely on this belt. The flatness of the package makes it sit well, with no perceptible bulge, under my kilt jacket.
Great knife, by the way. It cuts pizza like nobody's business.
David Rock
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AKTI Member # A000846
Stop when you get to bone.