I've been carrying a Silver Alox Farmer for a while now, in my LF pocket next to my Blackberry. I've been trying to do a long term comparo with the utility of the Farmer (for me) vs. the LM Wave that rides on my belt.
The Farmer is very sturdy, as well as being pocketable. Though each of us is different, the Farmer does almost everything I could ask of a multitool. As a desk jockey, I have little need for the pliers and file that you get with the Wave, though the scissor is nice. I did use the plier to extract a CD from my failing CD player in my vehicle today, but my use of the plier is a rarity. But the Farmer is aesthetically pleasing, thin enough to pocket, sturdy enough to be tough, and has a nice selection of usable tools.
That REI price is good, and I ordered 2 blues and a red to go with the two I already have. Its a sickness.