Looks fine to me - loads of guys who walk the walk carry quite small blades. I like the pry hook at the end too (saves using the point of the blade for stuff)
It's marked as an 'at hand blade', which I think is the point - easy to carry, not obtrusive and there when you need it.
There's nothing at all wrong with a small fixed blade. But I see absolutely no practical value in a knife like this with a skeleton handle.
IMHO any decent knife, especially one meant for serious use, must have a good grip. A skeletonized handle is structurally questionable and at best uncomfortable if not downright dangerous. I won't even comment on the super secret James Bond "capsule" or the overhyped marketing. And if you need paracord, it's better stored in your pocket - or wrapped around the sheath if you REALLY insist on wrapping it around something just for the hell of it.
Like I said, YMMV but in my book, a simple Mora is a billion times better survival knife than this gizmo (and many others just like it, there are plenty out there).