The Leatherman Wave multi-tool is hands down the most popular multi-tool model, made famous by its outside-accessible blades that can be deployed with just one hand. When it was redesigned in 2004, Leatherman gave the new Wave larger knives, stronger pliers, longer wire cutters, and all-locking blades. Perfect for any job, adventure, or everyday task, the Wave multi-tool is an international best-seller.
The Wave features: stainless steel handles and body; outside-accessible blades for one-handed opening; all locking blades and tools; fixed lanyard ring; nylon sheath; 25-year warranty.
I love this tool. It looks clean, well made. It's durable, feature packed, and not too expensive for what you get. I purchased one for work, home, and to leave in my car. The only thing I wish it came with was a pocket clip; but there are many companies that make really cool after market clips; so no big deal.
I recently purchased the Wave so I haven’t had it too long. The quality is typical Leatherman, no complaints with QC. So far I’ve used it to break down about 20 cardboard boxes for recycling left over from Christmas. The blade remained fairly sharp to the end and was easily brought back to razor sharpness on my Sharpmaker. It was extremely comfortable in hand during the entire process. I’ve used the phillips bit and file to adjust a door strike plate. I don’t like the molle pouch for belt carry, I really don’t like belt pouches in general so it’ll probably be attached to my pack. I bought the pocket clip and have been carrying it that way. It’s a little heavy but that doesn’t bother me much. With the popularity of the Wave, I’m sure it will serve me well for many years.