I already have one of these, and I bought it for a friend so that they would have a multi-tool in case of emergency. The tool is rugged, and works great for what it is... Not as good as dedicated tools, but that is to be expected. The sheath I received was all leather except for the expandable sides, so there does seem to be some inconsistency with the sheath shipped with this unit.The tool and 6 extra bits fit well in the sheath, and the tool, bits and sheath are the good quality I associate with Leatherman.I have screw drivers that I prefer for installing screws around the house, but they ore useless at gripping.I have pliers that can grip things solidly, but as a knife they really don't cut it.I have a saw that can cut through branches quickly, but are useless for opening cans.If I had to have just one tool, it would have to be the Leatherman Wave. It may not be the best at any one task, but it does many tasks adequately.