Ironraven,
  It's alright for a little tool.  It will hold three bits inside the tool and the magnet that holds the bits in the working end seems pretty strong.  I got mine from Kershaw when I emailed them about replacement parts and they sent me a free one.  I took off the little keychain attachment they had on it (A V shaped piece of bent steel through the lanyard hole and inserted one of my homemade keyrings (316 SS 1/16 TIG wire) so it would be stronger) right now it stays ine the guncabinet with my knives and handguns so i will know where it is.  
It is about the size of a Mini Sharpie but thinner without the keyring attachments.  With all three bits stored in it it doesn't rattle or anything.
That's about it
I posted about this under the heading "Kershaw Customer Support"  or something similar if you want more info I think i included the bit sizes in that post
the post is here: 
link