I have this kit, and like it. It's the one that gets kept in my car get-home-bag (along with a victorinox Rucksack).
It's not the best MT out there by miles, but there's also nothing particularly wrong with it. The grip is good, both closed and open as pliers. The slide locks on mine are a little hard to use, but not terrible. Everything functions.
While other folks may not like the flashlight, I find it about the perfect mix of brightness and run time for up-close tasks (fixing a tire, or messing around in camp, that kind of thing).
The sheath is really pretty nice. It's light, well designed, and seems at least as rugged as most leather or nylon ones, although time will tell.