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RBB,
Are you talking about EDC pocket carry?
For me, there are 2 issues closely related. Do I need or want pliers on my person for EDC? The answer is no. Second, am I willing to belt carry anything, including a cell phone, Buck 110 or Leatherman? Again, for me, the answer is no.
I use a clip on sheath for my Leatherman tools. I clip one on when doing chores. I carry one in my day pack set up like that. It was on my belt all day Saturday this past weekend, once last week when helping my neighbor with their heating system ... You get the idea. Only when needed.
In this sense, 95% of the Leatherman vs SAK debate is nonsense. At their best, SAKs are pocket knives and they stop being good when they move into bricks that require a sheath. At that point, get a real multitool.
Leathermen are sheath carry tools. Leatherman hasn't really cracked the code on pocket carry and really, do you need small pliers daily? Perhaps someday Leatherman will make a SAK killer small plier based tool, but until then, small SAKS are better pocket knives. Well...
I think the Micra + single blade knife is a better SAK than any SAK.
I agree that almost every Leatherman I've seen is really of a size that sheath and belt carry are the way to go. As I've mentioned before here, I have one of the pocket-size ones — a Squirt — but don't carry it due to its feel and operation, which I find unpleasant. But if I liked it, it would definitely be a pocket carry. In the end, however, I'm a knife guy, not a multi-tool guy. But that's me.
However, if someone finds his or her daily life calls for regular use of tools, then probably you have "real tools" nearby all the time. And a Leatherman somewhere on you, pocket or belt, for on-the-spot fixes.
My life doesn't have much call for tools. And for the occasional situations where real tools are needed, I make sure I have them handy when needed. For nearly all other tool and blade uses, I have one or more SAKs either on board or nearby.
As I say, a knife-carrying guy, not a tool-carrying guy — and everybody's mileage varies.
I think the whole Swiss Army Knife idea started well and produced some excellent pocket knives. The ultra-specialization began when the company realized that the public associated them with tool-laden pocket knives, and like a good producer, they expanded the line and enhanced the brand. Whether this was a wise move in the Big Picture of Pocket Knife Utility is questionable for all the reasons people have noted. But it sure was a good move, brand-wise.
I do notice that apart from the little SAKs (Classics, Ramblers, etc.), nearly all the mid-range consists of a pretty standard blade and tool set, not far from the traditional camper pattern, augmented with an extra or two to skew it to some particular market-segment.
Me? I stay close to the basic four-blade patterns: Vic Pioneer and Cadet, Wenger Standard Issue and Highlander. These are most usable for me. Others climb higher on the slopes of specialization, and if that makes them happy — great. But I've found what works for me.