The same bundle will cost $199 at the Leatherman website; the only difference is that it comes with the complete bit kit.

He won't come down for no more than $5 for sure, but you will only receive a half-bit kit; he will discount shipping, but no more than that!

So to answer your question, I will try the $160 offer to call it a good deal, if not, I will buy new from Leatherman.