I have to admit that I like the huge Crocodile Dundee type knives. You are right of course, they are not all that useful in a lot of situations.
I ordered one recently just to see what the made in Pakistan knives were like. It was very inexpensive and the workmanship was pretty good. The blade needed sharpening and I was sure disappointed in how soft the steel is. I doubt if it would hold up to any hard use. It sure does look wicked tho.
If I'd noticed the Scout was made in China before I had ordered it, I wouldn't have done so, but at least Lynn Thompson at Cold Steel runs a pretty tight QC on their products and materiels, and the sheath is very well designed. For general day to day use, I carry a Leatherman Wave on my belt and a Kershaw Salvo clipped to my pocket, and find myself using one or the other on a very frequent basis, and rarely if ever in need of anything more...