I had the same concern - and obviously this is a matter of opinion - over time I've found that it does what I need well enough. I do use the pliers all the time, the wirecutters less so, so perhaps that's the difference in our use. I also cannot carry a sheath most days (office job) so the fact that I can clip it inside my pocket or just let it hang out in the bottom of my pocket is a benefit for me. I also find it less bulky than my large frame SAK, thought it does have fewer tools.

It is expensive, I'll give you that, the "regular" skeletool is probably a better value.

R