I presume that is because of local knife law's or cost?

Buy the top end Leatherman. If possible the S30V blade. If not get the 154CM. I have both. Forget the lower end 420HRC steel versions. Complete waste of money.

Pair it with a decent high carbon steel hatchet and a folding saw for wilderness use. A properly sharpened hatchet will do everything that a fixed blade knife will.

I wish someone would make a drop-in S30V replacement blade for the Wave.

Its all about the weight to me.

Doug's Mk1 weighs 3.82 oz. Doug's Mk3 weighs 5.7 oz. The LM Wave weighs 8.5 oz. My Charge Ti weighs just a bit less.

I find carrying the weight of the Charge TI on my belt or in-pocket uncomfortable. Doug's knives - even the fixed blade - weigh so much less.

The only LM tool that I might miss in the outdoors is the saw, but I pack a larger Silky Pocketboy folding saw in my pack (not on me).

I have never needed pliars when outdoors - except to remove fish hooks, but if surviving I wouldn't care about that - about killing the fish.

I carry separate small tweezers in my FAK.

Beyond that, I just don't have need for screwdrivers, file, can opener, etc ...

Ken

I think for the majority of applications it will do fine, especially if you can score a higher-end model with a better main blade, as has been said here. Aside from splitting wood, I can't think of too many things it wouldn't be able to do almost as well as a fixed-blade. For everyday carry, it will depending on what an average day entails for you. Unless you're an auto mechanic, it will probably handle most things...

Other wilderness multi-tool uses I've had:

Cinching and cutting wire ties.

Pulling nails.

Opening cans of food

cutting wire

trimming hair, toe and finger nails, whiskers

field dressing small game and fish

putting eyeglasses back together

pulling splinters out of fingers