About the magnet. In my kit in a niteeyes pouch. I have one of those extendable mgnetic pickups. I have replaced the pocket clip with a screw eye. It is rated to lift 10 pounds. The reason for its inclusion is that if I drop something matalic such as a knife. Said knife drops into an area I can't reach. The pickup extends my reach. Or I can tie some cordage to reach even farther. This is just one Item that it can work on. In a pocket kit a strong magnet that a cord can be attached can be used for similar retrivals. Since it should not adversly affect compasses I think it is a worthwhile addition. Plus it can make expenient compasses. among many other uses.