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In the comments it mentions aiming at a price of $150-200. Which isn't expensive for a good watch, but a pretty big price tag for a leatherman.

Leatherman sells a lot of tools at that price range, for instance: http://www.leatherman.com/7.html#start=3

The $150 price tag is for the watchless version. The version with the watch will have an MSRP of $500.