I occasionally purchase stuff from 'Emergency Essentials', and get their catalog. They offer a $6 multi tool, and on my last order, I purchased one. It was five bucks (on sale!). Even if it was made of solid crap, I wouldn't be out that much.
Here's a link to it...http://beprepared.com/product.asp_Q_pn_E_CU%20T200_A_name_E_High%20Uinta%20Gear%E2%84%A2%20Multi-Function%20Tool
So, at that awesome $6 price point, the question is 'was it worth it?'.
The tool is a pretty standard knock-off of the Leatherman PST. It has the identical tool loadout as a Sheffield 1200E, which I've spoken about elsewhere (http://forum.multitool.org/index.php/topic,36892.msg592550.html#msg592550
). However, it's not the same quality as the Sheffield. The 1200E has tools with well defined edges, and of thick stock. The High Uinta Multitool has that over-tumbled look to all of its parts. The tool is held together with pins, and their tightness is the only kind of tool retention the tool has.
The blade will actually flex side-to-side with little effort... about how you'd expect a butterknife to flex. The only good thing is that it came with a halfway decent edge. This was a little odd on such a cheap tool, as most every inexpensive MT I've purchased have had blades that were completely dull.
The plier head is identical (as far as I can tell) to that on the Sheffield, except it has no spring to open the tool. It seems solid, and combined with a tool frame that gives no flex, it inspires confidence. The tips meet up with decent precision. The wire cutter managed 12 gauge wire with reasonable ease (about the same as the Sheffield), although the frame digs into the hands noticably.
The three flat drivers are all over-tumbled, rounded, and have no grip on screws. Tool retention is nonexistent so trying to apply high forces is precarious. The philips head performed reasonably in the screws in door hinges. I wouldn't want to tackle anything more serious with it though.
The awl is, like with the Sheffield, more like a poorly sharpened short knife blade.
The can opener is a not-great example, but perfectly up to the task if you're in no hurry. The cap lifter works as promised.
The fish scaler will go untested, but features a ruler that's a little over 2 ½ inches long stamped into it. The reverse side has a file. It's not great, but better than nothing.
The tool is all stainless steel, and weighs 4.92oz (140g). It comes with a nylon sheath with belt loop and small velcro closure. Including sheath, it weighs 5.23oz (148g).
Comes with Sheath
Bad tool retention
So, is it worth it? Well... it's sold by a place that puts together those pre-made 72 hour emergency kits. If it was a choice between this tool and nothing, obviously, this tool wins out. For a budget kit, I think it's more than $6 of useful.