I prefer how the nylon sheath rides on my belt. But the nylon seems to get dirty, but cleans well. It was riding a little too low, so I put a safety pin about a half inch from the top of the loop. I have had the original wave on my belt for the last 4 years and the sheath is still going strong. Same safety pin for those 4 years as well.

Ready
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"Do what you can, with what you have, where you are" Theodore Roosevelt