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I'd love to know why you want to conceal your PSK beyond what would be achieved by kit(s) in a pocket.

I bought a Blackhawk ankle pouch thinking I'd carry some stuff in it. Worked well, but was kind of hassle. I bought it for extra capacity, not concealment. There's only so much stuff I'm willing to carry in my pockets. <img src="/images/graemlins/smile.gif" alt="" /> Now, think about this for a sec.. I carry an HDS 60 (1" x 3"), fox 40 whistle, Arc AAA, Sebenza, fire steel and Leatherman in my pants pockets now. And I have bulging pockets. I haven't added all the other stuff that various people carry everyday, and a fanny pouch or waist pouch won't work in my environment. So, I was hoping an ankle pouch would give discreet (not necessarily concealed... differerent connotation) carrying capacity.

My experience, if you're willing to live with the downsides of an ankle pouch, it can add about an extra pocket worth of carrying capacity. More, probably, since the stuff in the pouch would only be accessed rarely and could be packed more tightly. Might be an excellent place to carry one of the micro PSKs recently discussed.