Interesting tool, and even more interesting design choices. This series you have the Rev (this product), the Wingman (adds scissors and combo straight-serrated edge blade) and the Sidekick (ditches package cutter, adds dedicated serrated blade and saw). HD doesn't offer the latter two in my store, and coming off my 2nd broken Skeletool I needed a replacement and choose the Rev. Key selling point for me in Multi-tools is the pocket clip as for me this is EDC (everyday carry) and I can't do that effectively with a belt pouch/sheath. Now for the Rev itself; it's designed to be the least expensive option in the series, by about $5 give or take from the Wingman and $15 from the Sidekick. All Steel in the series is 420C which is fine. What KILLS me about the Rev is that one handed opening of the knife (what I use most) is awkward at best as they moved the cutout forward so getting at it with your thumb is no longer natural as it is with the Wingman and Sidekick (and darn near every other blade from Leatherman), forcing me to open half way with my thumb safely on the blade side, and the last half with my thumb actually on the blade. It's ridiculous to be frank. Why in the world would you have changed this? From a usability standpoint this one was a bummer. Now the tools themselves are very, very good as with most Leathermans, but the other large omission was the spring loaded pliers; on the Rev they are manual vs. the Sidekick and Wingman have spring-loaded opening to make pliers easier to use. That one isn't a killer, but certainly would have been nice to have. The "Package Cutter/Opener" - come on Leatherman this is a wasted slot if you ask me, should have been an awl or something else less redundant. If I want to open a package I will use the knife blade instead of opening the butterfly and getting the package cutter. The only time I see this one as useful is if opening packages is a large part of your day and you want to save your blade/be safer, but for your average consumer, they're using the knife plain and simple. Lastly the Belt Clip itself (my primary reason for buying this one other than the fact it was on the shelf); it's LOOSE and rattles. From store to home it had loosened so much that I could turn the allen head bolt by hand. Not good. Some blue Loctite and it's all good now, but the blade opening is now extremely tight exacerbating the aforementioned problems with opening it in general. I choose clip stability over opening resistance, but you could do it the other way around I suppose, just comes down to how much you tighten it.
All in all I would recommend this product if it was your only choice. If not, and you want to be in the relative same budget, get a Wingman! If your budget can go up I'd say get a Wave and a Pocket Clip add-on if you can deal with the weight.