Personally, I think the Xikar Multi-Tool is the way to go. It folds and goes on the key chain for $19.99. It has the same quality as the X2s for much less.

I have a Burlwood cutter also, and it works fine. It is dulling, but comes with a guarantee. Just send it back and they will send you a new one. Also, when you register it, they will send you a leather case to keep it in.