it is good, and well balanced as they say. not so good that i didn't sell mine. i know of several guys that have had failures with their's. the leatherman warrenty service has always been exemplary.
i still prefer a swiss tool. i'm hanging on til the new sexy swiss tools come out in the autumn.
the question to be asked with a multitool or not, is "how often do you need a fullsize pair of pliers?" i use my PSTII all day every day at work. out side of being a maintenance engineer, the tweasers, pen, pin, corkscrew, and a load of other bits and pieces on my swiss champ are used much more often.
cheers, and.