I'm on my 2nd leatherman. The first was a PST II, which was decent until I lost it. I just purchased the Wave a few weeks ago, and it is FAR better than the one I lost. It just has a feeling to it like the builders knew what they were doing and wanted to make something of quality construction. I like it a lot...it has what I need, and it's more comfortable in the hand than the one I lost. The tools on it all make sense and are in convenient locations, and all are locking so you don't accidentally close something down on your fingers. I got mine new off ebay for a great price.