For me it is more of a backpacking "survival" tool. I love the knife because its not to heavy it has a good thick spine the micarta handles have awesome traction even when wet and i have had a lot of success using it for anything from building shelters to splitting wood.
Thanks! (Though saying it's "survival" doesn't explain much....that one means even less than "bushcraft"!
So it sounds like you are talking about a smallish chopper, rather than something for doing detail work on wood?