This is an ok tool. I bought one with the discount card the Leatherman Factory tour gives you, so the price was right. The blade is thicker than the blade on my wave, and has a sort of reverse 'tanto' profile that is actually pretty useful. It seems short on tools for its size, but I only really have missed the presence of scissors occasionally. The hammer has actually come in handy several times, and the presence of an awl has also made this tool useful to me. The Wave, for some reason, has no awl. While the 'survival' accessories are obviously lightly built and minimalistic, they do give this tool a feeling of 'completeness'. If you carry just one thing, you have some options on here that extend it past usual multitool offerings. The ferro rod is small, but if you've cultivated some skill with this sort of firelighting, it will serve just fine to give you several days worth of fires. You can secure this tool to you with the carabiner, securing it against accidental lost. The sharpener is removable and thus this tool is actual able to sharpen itself, unlike any of my other multitools (though I usually slip a flat diamond stone in the belt pouch with most of my MTs). As a self-contained multitool, it has convincing utility for me. The build is good, though the hammer/carabiner makes the tool larger than it would otherwise be. It's larger but lighter (fractionally) than the wave.