I had a Wave for a while, but was seriously unimpressed with it (except for the design - it does look cool!). I noticed the same wobbliness and overall it felt none too sturdy - I just didn't understand all the rave reviews for this product (well I guess I did from a strictly marketing perspective).
So I waved bye-bye to the Wave, and went back to my old SOG Paratool - not the perfect multitool, but the best for my purposes - it is compact, carrying unobtrusively laterally on my belt in it's included case - and best of all is user-adjustable with the little set of optional (but essential imho) wrenches that allows me to tension it to my liking and to swap out blades as required. (All these extra bits fit nicely in the front of the case...). It reminds me of taking down a handgun for cleaning and lubricating - it's very satisfying as a mechanical device in this way (I really don't appreciate the Leatherman tactic of having proprietary fastners specifically for preventing user servicing!). Not as sturdy as the behemoth SwissTool, which I would buy if I really needed a daily use multi-tool - but who really does - if you really need pliers that much get a real set and a holster - they're a lot cheaper, sturdier, and practical - and then just carry a good old SAK in your pocket.
It's so easy to get obsessed with these darn things - but I guess I don't need to tell that to anyone in this forum...
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