Costco has a nice leatherman set for under $100 (might be around 60 or 70).
I've been a groomsmen a few times and I've gotten a wallet, gift certs, etc but the last time was the best. I was the best man and my friend usually sucks with gifts for people so I thought I'd get something dumb but it was the best present he'd ever given me (known him for almost 20 yrs).
I got a framed share of Ducati Motors. Some of the other guys got a framed share of Playboy, Anheuser-Busch, etc. He knows I've been into bikes and was lusting after a Ducati for years. Very cool gift.