Magnetic Blade Storage holds one blade and stores inside the handle Press and flip one handed opening Tool free blade change Gut Hook cut without opening up blade Wire Stripper up to 10 gauge wire The Milwaukee FASTBACK II Flip Utility Knife features Press and Flip, a one handed blade opening for easy activation and activates the blade up to 3X faster than a 2 handed opening. This addition to the Fastback family features magnetic blade storage that holds one blade and folds into the knife body. A tool free blade change allows for fast and efficient adjustments, while a thin all metal body stands up to jobsite abuse. The wire form belt clip makes it easy for a user to store the knife without tearing up the pocket. The integrated gut hook and wire stripper also increase utility.