Better than the plastic ones for sure. What leather have you used? It's got a nice texture embossed on it. The stitching will get better the more you do, keep at it!
It was a piece taken from a leather gaiter that my grandfather wore in military service, I believe. I thought it a nice sentimental use for it I agree the stitching isn't amazing but I'll be working on it, a good excuse to buy more knives I guess..