Okay, just looked. From the most forward part of the handle, it's 6.7cm That works out to 2.64" Measured from the bottom of the handle (it curves back a little) it's 7.1cm or 2.8"
So I guess that's where Leatherman was measuring from. I put 2.5" because that's about what it looked like to me eyeballing (I was using the top as my guideline and I was .15" off. :-) But still, I'm sorry for any confusion.
I agree about the bits. I also own their bit kit... it's not cheap, but you get a good assortment of bits. They need to sell them individually as replacements and maybe even in smaller packs of commonly used bits. I wouldn't mind a few security bits as well, but some might not be practicle given their form factor.
I carry the wave (in pouch on belt) with one "card" of bits from the 2-card bit pack mentioned above. I keep my most commonly used bits on that card. It fits in the pouch... everything is snug, but it fits. I can see that if you went to clip carry for your charge/wave that a few more bits on this knife as complimentary carry. If you get that pack (I think it's like $12-15?) you could organize by what you need.
I carry the wave on my right (primary) side and the knife in my left pocket. I don't find that I use a knife that often, so it's not inconvenient to carry on my secondary side. It isn't that hard to open left handed if need be, but I generally have both hands available. Folding it back is really the only drawback. It *can* be done lefty, but it's a bit more dangerous. So, I EDC just the way you are describing and find no issues with it. But if you use your knife a lot, this might not be as convenient.
I should say that I really like and enjoy this knife. It's certainly one of the better ones I own, and that's with a $250 benchmade that I keep with my guns... so it's no slouch. The thumbstud is pretty worthless IMHO so if you are a thumby kinda guy, you might want to pass. But the spine assist opening is really nice. It's lightnight quick (almost as fast as spring loaded), it's sharp and holds it's edge, and it's really solidly built. If you have the money to get one, and appreciate that it carries 3 more LM style bits, it's a great knife. It's stylish and doesn't scare folks in an urban carry situation as long as you don't fire it open (looks almost like a switchblade when you do).
I think I'd give it a 4 out of 5 stars. Maybe 4.5. I think they went with a "low profile" stud, and it *does* work. I'm probably being too harsh. It feels and carries comfortably in pants as long as they aren't skin tight... and I think the stud is meant to prevent catching on clothes. Since it's really the secondary method of opening, this doesn't bother me (but it's definitely right handed. I think maybe a slightly higher swept blade and a cutout (spyderco style) might improve the ambidextrous use. If they could make the lock ambi-d, then this thing would get 5* for sure. It's a nice value (the steel is just fantastic) and if you are aware of and don't care about the drawbacks, then why not? <img src="/images/graemlins/smile.gif" alt="" />
Sold yet? LOL
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Experience is a hard teacher because she gives the test first, the lesson afterwards.