Their quality is a shit. I bought a wave+ 2 years ago, broke within a couple months (spring in pliers broke making pliers unusable). Sent it back and they say it’s not repairable so they give me a different one (mine was laser engraved). Then the replacement breaks (spring that holds pocket clip in place). I don’t even use the Leatherman that much, and wasn’t doing anything that could be outside of light use.
I have had one for almost 25. In constant use without fail. That and a Victorinox Cybertool have served me well since the Dot-Com boom days.
EDIT: Looked it up and it seems that my Cybertool is from the first year it was produced. Neat.