I bought a similar "Rambo" knife (a cheap copy of a M9), just for fun and made a review on a swedish equipment forum.
http://www.utrustning.se/viewtopic.php?t=7748
In short: if you need to cut anyhing else than brown plastic tape or open sausage bun bags, get something else.
As said before, either you buy a used bushcraft type of knife from the bushcraft community (those knives have lots of use-hours left) or get something like a Ray Mears clone or Fallkniven F1 or such. Go to an outdoor store and feel some knives and get what you like... but dont buy a "knife" that contains more than TWO parts (knife and sheath)
Those "Survival Knives" has never been good.
That 32 part survival system has a knife that is no better than a plain red plastic handle mora.
I could break a "Survival Knife" in about FOUR minutes. First I pound it into a tree, then the compass and handle is toast. Finally I pull the handle and the screw holding the handle snaps.
Get a "plain" and normal knife and something something like a "gizmo wallet" (Ritr 5" notebook cover) to keep in your pocket with all the useful stuff.
Good luck with the bushcrafting.
Yes, there is one occasion where a 32 piece survival system will be good. When you take a survival training class and want to be the class Rambo clown
Just remember to bring your REAL stuff as well.