The Leatherman Wave is the highest selling multi-tool in the company. It has 17 features in one, but it's still small enough to fit in your pocket.
Inside, there are wire cutters, regular pliers, a wood/metal file, a diamond-coated file, scissors, hard wire cutters, a 420HC clip point knife, and a 420HC Sheepsfoot serrated knife.
Also, there is an 8 inch ruler, a large screwdriver, a large and small bit drivers, needle nose pliers, a wire stripper, a can opener, a saw, and a bottle opener. To top it all off, it comes with a nylon pouch and the complete tool is made out of stainless steel.
There are also some bits included. There is a Phillips and Flat Tip Eyeglasses screwdriver bit, and a Philips #1, #2 and 3/16" bit.
This version of the product comes in the standard box, with a nylon sheath.
If for any reason you're unsatisfied with this product, it comes with a 25 year warranty as well.