I think they are great for traveling and in the car, but yes, cunts LOVE stealing them. A skelletool disappeared on me before.......
I keep 1 in the kitchen, one in the living room, car, workshop (most useless location unless DEAD tired or stuff is misplaced). I don't want to keep a toolbox in the living room but its kind of nice when you are tired and need to do some small BS work that would other wise require you to write something down for later when you don't have the tools. Flashlight, multitool.. nice to have in a drawer.
also a multitool is nice currency, I lost my wallet+phone once and managed to sell my car multitool to fill up on gas to get home once (though it was a financial hit). People on the street tend not to buy knives.
buddy I don't have ID, wanna give me 15$ for this knife so I can tank up this vehicle?
you will end up showing the trunk to the police LOL
keep a picture of yourself taped under a floor mat or something....