You'll probably want to give us a little more information about why you're interested in this - trail maintenance? car camping? something else?
This site is mostly about lightweight backpacking; usually, when the subject of an axe comes up, most of the responses are along the lines of "why in the world would you take an axe (or a hammer) backpacking?"
Knowing what you'll be doing with such a tool might help us give you a different, and perhaps more helpful, answer.
Any axe/hatchet is an axe/hammer combo. You can even use a double bit to drive nails. I never use or carry one backpacking. If I have to use something other than my feet to push in tent stakes, time to move somewhere else. I use a club for hitting things that need hitting (find a fat stick).
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I got a good one from Sears a couple years back. Full hammer head on one side, nice blade on the other. 18 inch hickory handle, so lots of leverage to chop wood or drive nails. Craftsman make. Only cost around 20-30 bucks 12 years ago.
I've rehafted it once. Works well for camp chores, but I don't carry it backpacking - mostly useless weight for those purposes. I would carry it for trail maintenace, however.
Gerber also makes a neat system, but I don't recall them having hammer heads on the back end of the axe blade...
I have been looking at this guy for a while. tomahawk Mostly for throwing, but also for bushcrafty stuff. It says it weighs 23 oz. You can leave the handle at home and cut some weight by making a handle in the woods.
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This is an interesting (and affordable...) option coming out early next year : http://zippooutdoor.com/4-in-1-woodsman/ I don't have the weight so that will determine just how useful it will be. possibly made by Fiskars (BTW, no not for backpacking but for camping,for exampe the wood stove inside the tent brigade).
Honestly, I carry a small "hand axe" in the winter a lot, as I go where I can make fires. I am weight conscious in the winter but not ultralight. I am more or less dead set against "hatchets" - they are too small to be useful. Somthing akin to the small granfors forest axe is good, (I have one) and the cheaper and just about as good alternative is the smaller size fiskars axe. (with the 19 inch handle).
I'm not really convinced about the "combination" thing - looks too gimpy to be good at either, and "small" axes and saws really are at the edge of usefulness.
when on a sled I take the small axe and a medium size bow saw with a good blade.
Now, having said that, outside of deepest hardcore winter - this is a lightweight backpacking forum! I don't carry an axe normally (I break wood with my hands) and I certainly don't carry a hammer. (I've been known to pick up a rock or a log to bash in my tent stakes).
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