I am a multi-tool fanatic - from Gerber to Leatherman, and everything in between. I used to work in a shop specialising in multi-tools and self defence blades and I have seen and tried them all. I've bought six and kept two.
The two I kept was the Leatherman Wave and this one. But why is the Victorinox better than Leatherman's best?

*Better design - hard to describe, but it is a lot easier to use
*Better quality - I'm already on my second Wave. They rust, the pliers and screwdrivers lose their shape and free play develops on the pliers
*Better size - the Leatherman is just too small (I have size 12 hands)
*Better accesories - the Swisstool comes with a nifty socket set which is incredibly user friendly. The Leatherman's has to be purchased seperately, is quite expensive, has to be carried in a seperate pouch and is embarrasingly clumsy
*More practical - bigger everything, better layout, more accessible, better selection of tools
*Safer - I've cut myself on more than one occasion while using the Leatherman's pliers, because it has sharp edges on the outside. One can use the Victorinox with confidence
*The Swisstool has a much bigger and stronger blade than the Leatherman, which is important, because you are probably going to end up using the blade more than anything else
*Sturdier pliers. The pliers on the Victorinox are really strong - I have yet to discover the limits of the Swisstool. The Leaterman is a lot flimsier.
*Better tactile quality - another hard-to-describe factor, but the Swisstool simply feels a lot better in one's hands
*Lifelong guarantee on the Swisstool. You can't beat that. Especially since you'll probably never need it anyway.

BUT: The Swisstool is much bigger and heavier than the Wave. So, if you wear a suit and an office job, the Wave might be better for you after all.

But I'm from Africa, living in the Middle East, and if I'm flying over or driving through the desert, and I may choose only one multi-tool to take with me, it would be the Victorinox, without a doubt.

What a great multi-tool! I looked at Leatherman, and Gerber, and finally decided to get this one after reading some great reviews on the SwissTool RS. The only difference between this one, the SwissTool RS, and the SwissTool X are a couple of tools are interchanged. THis link goes to the user-manuel, which explains which tools have which tools. http://www.swissarmy.com/CustomerService/Documents/UserManuals/swisstoolmanual.pdf . This is a very heavy product (10 Oz). I really like that about this multi-tool. I am a big guy (6'4"), and I liked that this product felt like you could really work with it and not worry about breaking it. The craftsmanship in this tool is completely evident. You have to hold it to really understand it. The case is also finely crafted. The steel came very very sharp also.

Victorinox took pride in creating this tool. You can tell.

The Rachet is what it is. Sometimes its hard to get the bits out of it, but besides that it works great too.

SWISS ARMY MAKES GREAT TOOLS...THE ONLY FAULT I CAN FIND WITH IT IS IT IS HARD TO OPEN SOME OF THE TOOLS IF YOUR FINGER NAILS ARE SHORT