I'm a big fan of the second-generation Wave II series. I don't think you can go far wrong with any of these.
I have a couple of Wave IIs and also a Ti (the original titanium handle; same tool set as the new AL).
I find the titanium slabs give a superior grip, but they also make the tool thicker. Mostly I end up carrying a Wave II and using it hard, since I can afford to replace it.
But: I usually carry a high-quality folder as well, so I only use the Wave blades occasionally. If I was only carrying a Wave, I'd go for the better steel.
Personally, I don't like the pliers on the TTi. The crimper takes away too much gripping surface, if you ask me.
Note that with the AL version, you get the better blade, some extra bits, and the excellent pocket clip. So it's acually not a bad deal in comparison. I use the pocket clip a lot when I'm going to meetings etc. and don't want a sheath on my belt.
AFAIK, the best deal on these in Canada is from MEC. Their Wave II is $77 and includes a bonus Robertson (square drive) bit. If you spend $150 (not hard to do) shipping is free.
If you travel to the U.S., you can get the Wave II for $60 from Home Depot. (No Robertson bit, though.)
That's my two-cents worth. Have fun making your selection!
Edited by dougwalkabout (10/26/07 07:10 PM)