I own the city 3 model and is a great/top quality/excellent built/ heavy duty knife, trust me. If you want a SAK that will handle a lot of abuse look no further (I'm a SAK collector, and know what I'm talking about). Drawbacks? heavy duty comes at a price. All tools are thicker than normal (in comparing with Victorinox equivalent for example) and is not specially light, no locking, and the small serrated blade+screwdriver needs to be handled with care or you will harm yourself heavily (it does not open flat)
The MSRP announced must be a joke...in any case for you guys in the US it is a real bargain, get one!!
We pay in Europe around $50-55