Never got a Leatherman, but also share the same feeling. Missing a feature or carrying too much. My way is to plan ahead the day activities. Then based on the type of activity I select what would fit better. When I don’t know, then I go with the minimum of knife, scissors and pliers.
Victorinox Handyman or SOG  Powerpint 
#edc https://image.nostr.build/dbd9ea42ba344f928d4087521b32483bb4680b8c641b6317c12432759577091e.jpg