I agree w/ Chaos. Don't write off tourniquets. It's better to lose a leg than bleed to death.

Peroxide damages viable tissue as much as rubbing alcohol. Both can theoretically retard healing, but if it decreases the risk of infection ... it's a judgment call.

Steri strips have no where near the flexibility and wound-closing ability of sutures. There's a reason why sutures are used in an OR, and steri strips aren't. Having said that, yes, steri strips can allow things to drain better. If it's that bad, though, you're probably better off leaving it open and keeping it clean (once bleeding controlled)

TCCC and WMA are differing viewpoints, but both are valid given different circumstances. Best advise is to learn the pro/con of each, and pick and choose your course of action. Cook-book medicine is usually not the best practice.