For me the Scandinavian Forest axe is a better snedding (limbing) axe - it has enough length to work across the trunk to remove limbs. The extra 6" of helve weighs little but transforms an axe I think, making it capable of true two handed use.
Thats always been my trouble with an 18" helve - sort of "too long" and "not long enough" at the same time. A light one handed axe is livelier (like the Cegga that Falcon mentions) and that great for a "pack axe" as it sits inside a pack but will do enough for a cooking fire. A longer axe (like the Scandinavian or Wilderness Axe or a US Cruiser or Boys axe) is a real boon when cutting wood for a long term (heating) fire but still portable. Which leaves the small forest sort of hanging as too much for one job and not enough for another (in my view only)
I agree with what you're saying when comparing the Scandinavian to the Small Forest. If having to choose one over the other (assuming being able to have one or the other but not both), the decision is an easy one for me -it would be the Scandinavian, without question. There is no comparison between the two. The Scandi is simply the better performer with the longer handle and slightly heavier head, as you know.
I really do like the Small Forest, but only for certain applications. Being light and lively in hand are what I like the most about it, but of course it's much more limited in usefulness because of that. A long handle on a hatchet would be an interesting thing to try, as HillBill mentioned!
There was a time when a 2 1/2 pound head was my most used axe, but getting older I actually dislike the extra weight and now find the Scandinavian to be just about perfect for an all around axe.
Edit to add that I live in spruce and pine country, so that has a bearing on my choices.
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