>"... I broke the pliers on my Wave off night before last Those comfortable handles were its downfall-let you put plenty of pressure and torque without hurting your hand. Forgot I was using a Leatherman, and not a pair of Kleins. Snap!"
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You're sending the Wave back to Leathermanland, right? I'd be extremely surprised if they didn't replace it.
As to my own preference - SAK or multi - well, I carry a SAK Spartan far more often than I do a multi tool. But that doesn't necessarily mean I <i>prefer</i> a SAK over multi tools. They just fit my lifestyle better right now (easier pocket carry, I don't often need pliers, etc.) When it's time to get some work done around the house, or head into the woods, I take a lot of comfort in strapping that Wave onto my belt.
Here's a tale I'll tell you that has, well, no real point ... just says a little something about me and multi tools. I have one of the larger, locking SAKs, an <a href="http://store.knifecenter.com/pgi-ProductSpec?VN53601">Adventurer</a>, that I keep in my truck. Awhile back, I got it in my mind that I had to "upgrade" this truck knife to a multi-tool. Now, that SAK has always done everything that's been asked of it, and done it well. I carried it around Europe for 5 years (it was my only knife there). Still, for a brief time there, I was ready to chuck it over and "upgrade" because I felt I needed the latest-and-greatest, pliers-enabled tool sitting in my truck just in case I ever needed to fix something. I looked high and low for just the right multi at just the right price. I searched Ebay and I glanced in at a couple of pawn shops. Finally, it occurred to me (I think that SAK was speaking to me), "Hey dummy, just buy a pair of pliers and toss 'em in the glove box too." So my trusty old SAK, which has stood by me for years and got me out of a ton of jams, didn't get put out to pasture just yet. And for less than $15, I got a "multi tool" with the best pliers going, <i>actual pliers</i>.
At any rate, if I did HAVE to choose one or the other, I guess it would be a multi ... but it probably wouldn't be my EDC, it'd ride in my vehicle or backpack, while a folder of some sort filled the EDC role.