I've mostly seen it used as a woman's purse knife. The short blade is capable of doing some amazing things by virtue of its shape and handle style. I find it to be excellent at shaving and splitting wood for fire building.
Fair warning though, the sheath tends to chafe on those of us with a soggy midsection. It'll wear on your love handles till you figure out your preferred carry method.
I removed the plastic bits on mine and ground down the handle to a three finger grip, that half a pinkie didn't add too much anyway. This keeps the profile down while belt carrying, and it still has most of the power of the full sized handle.
You may want to get one while you can, I don't think their still in production.