That sheath looks quite a bit more durable than the current line and it's nice to see them moving in that direction. However, I would have greatly preferd a nice true leather sheath. Even though they're made of "pleather," I'd take my leather Blast or Surge sheath over that thing any day. I just like the classic look of a leather sheath, and the current ones aren't really that bad once they get broken in. I know I'm in the minority here, and it's great to see new inovation coming from Leatherman.