Oh man, Leatherman has really gone downhill in the last 10 years. My father's Leatherman is a solid tool that has withstood lots of abuse. I went through three doing light electronics repair (chipping the wire cutters, bending the hinge out of whack so it won't close all the way, busting the tip off a blade) before finally deciding to never buy another one.
I feel like practically all manufacturers have switched to cheaper metal alloys. For example, Fiskars scissors, garden shears, and such used to be a thing you buy once and use practically forever, now they're pretty much the same as anything that has any kind of brand on the packaging.