I like the MUT but it lives in my range bag or MOLLE'd onto my hydration pack for 3-gun. It's too specialized, in my mind, for me to haul around at other times. I could imagine putting it on my belt if I'm carrying my AR, but that's not exactly a standard hiking accessory for me.

For "woods loafing" (stealing that phrase!) it would be a LM Wave for me, possibly the Surge if I felt like I needed something bigger.