I like it... but it doesn't look right for hip pocket carry, more suit pocket.
As I recently "lost" the method I used for years to carry a folder out of sight, I've been fishing around for another way. My most recent employment is "business casual" most days, which in the summer includes polo shirts (knit short sleeve)- no jacket pockets, and not too many places to conceal anything.
I've done a lot of leather work (actually did it professionally in part of my misspent youth) so I've been thinking of making a leather folder for the hip pocket, wallet proportions, that would carry a folding knife diagonally (to help accomodate the length), but leave an inch or so of the pommel end exposed, and allow it to rotate up and out for an easy draw. I'd be looking for a knife with minimum thickness for this, so probably not something with a clip... maybe my old Al Mar Eagle...