Ever since 1985, when I first wrapped my fingers around a Leatherman PST, I have carried one variety or another of multitool; before that,I was an ardent SAK fan. I currently carry a Wave (and a PS4 on my keyring). The pliers on the L-tool sold me. Don't need pliers in theee backcountry, you say. You have never had to deal with cactus spines or jammed locking carabiners. The L-tool handles both of those problems as well; also makes a dandy pot lifter.

I own several fixed blade knives and a bunch of single blade folders (Buck 110, anyone?) and they are occasionally useful, but I could go with the Wave or similar and never miss anything else. Actually, the PS4 handles about 90% of the situations I encounter.....