Far more practical, especially the last two.
This will probably diminish my standing around here (such as it is), but when I found my toolkit had been ravaged by the seller of my car, I bought a Sears toolbox and put in it a set of combination wrenches, a pliers, a channel lock, a combination screwdriver, some picks, duct tape, bailing wire, a magnetic pickup, flashlight, bottle opener and a flask of Makers Mark.
So, I've got that going for me.