What is really critical are the circumstances in which you will use this kit. How far do you intend to travel, what mode of transportation, under what weather conditions, etc. These factors determine what is included and what is left if bugging out is the strategy.

Just for starters, I would ditch the Chem lights and the hand warmers, as well as the silly AMK kit. I would include a knife, probably a Mora (several models are suitable), a much better multi-tool (lots of options here), a Bic, and a signal mirror.

In place of the Nalgene and the water packets,recycle a Gatorade bottle and fill it with good old tap water.