As much as I appreciate my Leatherman, I would not want to have to rely on it in a knife fight.
As someone who used to race sail boats, one of the things you notice quickly is that boats built for cruising are rarely across the finish line first. The compromises one has to make to make any craft do too many things makes it less than perfect for any. Which is not to say that any craft can't be tweaked and improved. Keep it light and keep it smooth and it will be faster and more maneuverable.
Of course that rule does not apply to an Abrams tank which is better as a tank than a Humvee is.
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