The more I look at alternatives, the more I realize, nothing can give you this much functionality in this small a package, while being so high quality and reasonably priced. Popular (machine-assembled) versions regularly go for $25.
The one caveat is that it falls behind modern knives in terms of safety and ease for opening/closing. I'd love to see a next-gen SAK without nail nicks.
Studio Ghibli's new movie, The Boy and the Heron, prominently places quite a few traditional Japanese knives, including kitchen knives, a sword, and the boy's pocket knife, a Higonokami. They're a carbon steel friction folder. I just thought it was a vibe seeing it in the movie.
If you want to buy one, fuck Amazon and Chinese copies, go directly to the source!
Edit: higonokami-knife.com may be less legit than others. See comment