Hi Craig,
Yes, I'm a big fan of this approach - of having some of the stuff that makes up your total survival gear, but also functions as EDC, reside in an easily-accessible pocket pouch. I put into the pouch those items that I either use all the time, like the Micra, or stuff that might get pilfered from my Altoids tin, like bandages. I found a neat little zippered pouch at Galyan's called a "Marsupial Pouch," into which I insert the following:
+2.5"x4" Nylon Utility Pouch Contents:
CUTS, SCRAPES, N' ACHES -1 medium rectangular adhesive bandage
-1 small rectangular adhesive bandage
-2 mini rectangular adhesive bandages
-1 round adhesive bandage
-1 antiseptic wipe
-1 "Neo to Go!" Neosporin packet
-4 Motrin IB caplets (200 mg. Ibuprofen) in aluminum capsule (blue)
SEWING/REPAIR (sewing kit in tiny plastic zip-close bag)
-1 large, 1 small sewing needle
-2 yds. ea. dark gray thread, tan thread
-1 threader
-1 medium, 1 small safety pin
-1 medium brown, 1 small clear button
-1 large, 1 small paper clip
-1 yd. thin twine
-small stick of hot melt glue
-1 small roll duct tape
ESSENTIALS-1 Bic butane mini lighter
-Suunto Clipper compass w/luminous ratcheting bezel
MISC-Fisher Bullet Space Pen (matte black)
-2 business cards
-1 Listerine PocketPak
-credit card-sized fresnel lens
-"baby" fingernail clippers
The rest of my EDC (not in the pouch) is as follows:
+ON KEYCHAIN:-house key, car keys
-Princeton Tec Pulsar II LED micro light (blue)
-aluminum whistle
+IN POCKETS:-wallet (ID, cash, credit cards, insurance cards, emergency info)
-coin purse (coins=$.25x4, $.10x2, $.05x1, $.01x4)
-comb, bandana, lip balm
-Leatherman Micra multi-tool
+JEWELRY:-wedding band
-Citizen Eco-Drive solar-powered, waterproof watch
+ELECTRONICS:-Samsung i300 wireless phone/PDA combo
This is just the stuff I usually go down the street or around the neighborhood with. For longer excursions, I of course add my trusty Altoids survival kit, and a real first aid kit with large gauze dressings, roller bandages, etc.