I guess I've never actually used my multitool on the road as far as I can remember, but since I pack my spare tube and tools in a small plastic peanut butter jar stuffed into a bottle cage, it wouldn't save me any space if I didn't pack it anyway. I used to use a wedge pack but I saw the peanut butter jar idea on a touring journal and I like it. I can see what's in there and where, and it's waterproof.
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Work: the 8 hours that separates bike rides.