DJ2 the problem is carrying it. After X amount of time it will come unraveled in your pack and your first and last cut with it just might be on your hand. Its one of those city slicker camping things you can buy from Coughlans. Its worthless on wet wood and those little rings on the end are uselss unless you put a stick through them to hang onto. If you do decide to buy one, go out and try it around home before you put it in your pack.
That's exactly who made the one I have. Found it at basspro. It is safe as far as it cutting you, you can run your fingers all over the cutting surface etc. But you are correct in it's uselessness.