Leatherman is practical
We have been cruising in the Caribbean for a year and have found the most used tool aboard is our leatherman with the vise grips. I used the traditional boater knife for years. It know sits unused, but handy. We use the blade to cut line, the screw drivers, files, the vise grip pliers, etc, etc. It is always handy and worth every penny.I was never a big fan and belived that knife was all you needed. I was wrong. I have found things that needed immediate attention and have been able to deal with them without openning the tool box.Recommend, get a quality tool, try a few different types (they come in many confiurations), and take care of it.