I actually own two of these. I would have to agree when comparing it to a top of the line multitool like a Victorinox Swisstool, the Victorinox comes out on top. It's a pretty big and heavy tool, not the best to EDC. In fact, it's so big there have been times I had a hard time using it as a screw driver because there wasn't enough room to rotate it around.
However, because it is so big it, it seems pretty rugged to me. On the occasions I've used it, I've never babied it, and nothings ever broken.
I wonder if some of the other reviewers have actually used the Schrade. Like I said, it's no Leatherman, but I wouldn't rate it as junk, either. It's serviceable.