Well i was thinking about taking pictures and posting a review of sorts on this thing, but its really not worth the time.
Heres the long story made short.....
The knife is a liner lock. Who knows what steel it is, but it is partially serrated 3 ish inch (the plier jaws kind of pertrude into your cutting edge) and is decently sharp out of the package. I had to fix the side to side play with the hex screws that are on it, but so far it seems to be tight. The fact i was able to actually service the tool to get it in shape is a plus. Weird ergos when open, could be a one hand opener but it's ackward. Its really just kind of a crappy knife screwed to the side of a vise grips. A positive thing about the knife is that it appears to have some sort of bronze or brass washers.
The vise grips are small. Basically a small vise grip with wire cutter in the mouth. They function as they should though the size prohibits using them for most jobs calling for a vise grips......best way i can put it. They do not have the release lever , but i think they all have an auto release feature now. It worked great on a half inch hex nut on my sons scooter.
The screwdriver folds out of the bottom of the handle. It comes out by way of a notch and a nailnick of sorts. It "locks" open and closed with a detent ball! This was a surprising feature as the knife was so underbuilt. It comes with a reversible bit that has a number 2 phillips and medium sized flat head. The screwdriver feature has a hex driver , but the bit that comes with it doesnt lend well to using other bits in there. Using it as a screwdriver is uncomfortable and you need alot of room to actually be able to make full turns. Opening the pliers up does give you a bit more leaverage .
Rather than go into great detail about the tool im just going to leave it like this.....
Its worth 8 bucks which is what i paid. Its a good first multitool. I cant see many instances when this tool will be used over any of the other things i already have. Its the type of thing that if its all you have on you then you can make due. It's exactly what it looks like- A small visegrip with a knife attached to the side and a screwdriver shoved into the only place it would fit. Though made in china it does have a lifetime warranty, which for me makes it worth much more than most crap in this tools price range.
Owning this "multitool" really helps you to appreciate the thought ,engineering and constant refining of companies like leatherman who have revolutionized pocket tools into something we take for granted. If you dont want to shell out like 90 bucks for a crunch this little guy may be a good option.