hi!, i'm thenew guy. i don't know much about the newer p-tools, accept playing with them in the store... maybe i'm ol'fashioned but i've been using the same, old original, Leatherman, for about 20+ years. i use it on a daily basis at work and at home AND on the trail when i'm hiking or fishing... it has never failed me, it has performed wet,dry,iced over in all conditions.. i've cut clothes off my patients in the E.R. like butter. while the docs and nurses fumbled with their jamming scissors. iv'e pulled wires out of a guys broken jaw (to access his airway) in under a minute . i daily use it to crack O2 tanks for my patients then i fix their glasses... this lil' puppy has never let me down... it aint fancy, it's barebones but heck i'm not gonna try to build a Boeing with it...