Does the job, and doesn't wear out like the nylon ones. Really I have to type more words? I hate the force you to type more. It's just a dame knife sheath.
Nothing to add to the other reviews except that Leatherman (note the name) should never have switched to those non-durable nylon sheaths. I guess they figured they had to follow the "ballistic nylon" trend for law enforcement web belts. This sheath will last forever with a little bit of care.