Jim: I agree, with one caveat. I take a small fishing knife with me, but usually only use it to cut our salami and cheese for lunch. We don't really need to do that (we could just gnaw off a chunk) but we like the civilized effect.

And I have never understood what anyone fixes with a multitool. We take a sewing kit, which works a lot better on packs, tents, sleeping bags, and clothes...