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I also have this tool. Very nice price. If I needed one I'd buy this today.
Between the Swiss Tool Spirit and Leatherman Wave, the Spirit is better finished and higher quality, lighter and thinner with fewer tools for similar money. The Wave is high quality, has a serrated "butter knife" similar to the Swiss Tool's, but adds a nice clip point straight locking blade. Also has a little socket set. If you don't mind more bulk and want the extra tools, carry a tool like the Wave. If you want to maximize utility per ounce and have sparkling fit and finish, the Swiss Tool is for you.
I carry the Swiss Tool and have the Wave in my bug-out bag.