Recently came across this on Ebay. It's a USA made Schrade ST5E Tough Tool (according to the MTO encyclopedia) rebranded as Craftsman. Are these rare or anything? I know Craftsman had a similar arrangement with Kershaw, and had offered a rebranded Kershaw A100 at one time.
That is a Craftsman 45471 (as you say, a rebranded Schrade ST5). These are known for having tough, slipjoint pliers (so they can grab larger objects). They also had a 1/4" hex bit driver, which sometimes came with a very versatile 3-piece bit (2 flat screwdriver bits and 2 philips). I wouldn't rate them as particularly rare, but certainly not common. They pop up on ebay from time to time, as does the ST5. I probably see the 45471 version slightly more often than the ST5.
Back in the day Craftsman seemed to have rebranding deals going with quite a few "name" brand quality MT manufacturers (I have some made by Schrade, Kershaw, Bear Jaws and Seber - there may be others).
babola: "Enjoy your tools and don't be afraid to air your opinion and feelings here, but do it in courteous and respectable way toward others, of course."