I actually bought the cold steel kukri since posting this and was amazed at how it can chop.
I wanted it to carry IN CASE I had to do some wood chopping but not solely for that reason.  I think if you only need to chop then the hatchet wins.  since putting both in my hands I can honestly say that I think the cold steel kukri will be more versatile and flexible over a wider range of tasks.
but to each his own
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 "Knowledge without experience is just information" -  Mark Twain