I was going to start a thread on this...ya beat me to it
I actually asked for one of these little jobbies for Christmas. I didn't end up getting one, so I picked up on at Target about a week ago. What a perfect little minimalist tool:thumbup:
Light enough to not weigh your pants down, straight and flat enough to ride nicely in a pocket (I keep mine in my fifth/watch pocket of my jeans), and useful enough to do everything I want in a tool. The nice thing is that you never have to worry about buggering up the blade since Xacto blades are so super cheap
I have used mine extensively over this past week. Numerous beer bottles were opened, a few philips screws were turned, and the biggest job went to the Xacto blade. I replaced about 8 ceiling tiles in my office that were water damaged. Some of them had to be cut. To further complicate things, they were the recessed style that require about 1/4" of the edge to be trimmed down so that they would fit correctly. Artifact to the rescue.
If my wife would have just listened and bought it for me, she probably would have earned some kudos for surprising useful gift of Christmas '08
Long story short, it is everything that is supposed to be and nothing more. If this small set of tools is what you need, then by all means...pick one up

For ten bucks you can't go wrong.