That tool reminds me of the Atwood pry tools; the shape of the pry/bottle opener part is very similar.
With that said, Chris Kavanaugh has a good point there. A basic SAK could probably do everything that tool could do, and more, without much of a size or weight penalty. The Tinker model comes to mind; less than $20 and the same length as that tool with more funtions.
On the other hand, for the price (~$10), I would pick it up just to try it out.