As a birthday gift my wife got me a Fallkniven WM1 blade (just the blade, without a handle) in VG10 steel. The blade has a full convex grind, it is just over 1/8" thick (0.14") and HRC 59. I cut a truss-like pattern out of the tang, sandblasted it (except for the blade edge), then dipped the handle in urethane rubber mixed with sand. It weighs 1.9 oz (54g). Before and after:

I'm pleased with the result. In combination with my modified Leatherman Style PS, I'll have pliers, scissors, a saw, and a stout fixed-blade knife for under 4oz. Now I just need to make a sheath.

