Personally I would go for either the Charge Ti or Charge TTi

http://www.leatherman.com/multi-tools/retired-products/charge-ti.aspx

http://www.leatherman.com/multi-tools/retired-products/charge-xti.aspx

The 154CM steel blade is superior to the 420HC steel on the Wave model.

The Charge TTi can be had for less than $100.

http://www.amazon.com/Leatherman-830682-...0317&sr=1-3