The sheath on the SOG site is actually nicer , but yes that nylon on the top wears down if you wear the sheath daily as I do! The Leatherman is a multi tool and it fits in the pockect on the sheath, very handy ,because I usa both on a daily basis! A custom Sheath looks like the best idea , I dont really like the nylon as it wears down and the threads get worn and "pulls" loose, I suppose if you dont use it daily it would ok ,but I wear mine daily!