Backpackers and ounce-counters rejoice. The Mini Bugout brings the legendary quality and features of its full-size brethren in a smaller 1.5-ounce package with a 2.82-inch blade. The CPM-S30V blade ensures years of reliable work. At less than four inches folded, it's a flyweight that punches way out of its weight class, virtually disappearing in a backpack or pants pocket. The Mesa Red Grivory handle and satin-finished blade of the 533-04 pay homage to the red-rock vistas of the American west. This knife is part of Benchmade's seasonal releases that will only be in production for a limited time.