Hi Ross
Why not wear the leatherman on your belt?
That way if you are ever unlucky enough to find yourself and passengers
handing upside down you can cut seatbelts and even break windows with it.
Also it is great for emergency inflight repairs (as are clamps - try
losing the throttle knob to see how great clamps are) and also, if you
ever have to exit the aircraft without time to collect your survival
kit, you'll have the leatherman, and hopefully snare wire and waterproof
matches on your person - you can survive pretty well with those 3 items
if you know survival techniques.
Tony
--
Tony Roberts
PP-ASEL
VFR OTT
Night
Almost Instrument 
Cessna 172H C-GICE
I have a backpack in the baggage compartment containing a survival kit,
including space blankets, waterproof matches, light sticks, hunting knife,
small hand shovel, first aid kit, snake bite kit, water purification tablets,
mirrors, dried rations, rope and cord, Leatherman Delux tool, flares, insect
repellant, lots of other things I can't recall at this instant. It weighs
about 30 lbs.
www.Rosspilot.com