I use my Tilia foodsaver on a lot of gear and really like it.
My only small caveat is that the (*&*%# bags can be *tough* to tear into if you're in a hurry and are only using your hands (or, uh, your teeth <img src="images/graemlins/grin.gif" alt="" /> ) I vacuum sealed my Leatherman in a bag, since it was living in my BOB in the car trunk & I didn't want it to get dirty. One day I wanted it pretty fast and had a hard time getting to it.