Aluminium case is tough - no need to be afraid of dropping it. Pan-and-twist top makes it easy to point the light exactly where you need. Adjustable light spread is useful, albeit standard fare. The Blade also comes with a rechargeable battery (great for jobs around the house) and charges using the included USB cord. Those silly little legs? They help a lot. Magnets in the feet of the tripod mean you can usually just slap the whole thing onto something metal and get working.
Slide-on clamp is held only by friction, leaving the torch vulnerable to accidental bumps and the inevitable drop (see above). Same goes for the clamp itself - WAY too easy to accidentally release it when holding on to the top of the torch. Rechargeable battery can't be swapped out for a set of disposables if the need arises, which can leave you stranded when you're away from a USB port. Price isn't bad but it's hardly the best lumen-for-the-lucre in LED flashlights.
I used the Blade under my truck while greasing the drivetrain. I hung it from a lamp on the ceiling during a power outage. I just held it in my hand and walked around a campground looking for my six-pack. It has yet to let me down. If you just want a torch, there's no need for the Blade. You can get a similar LED torch for about half the price (albeit without the rechargeable battery). But for a bright torch around the house or for use on a weekend camping trip, the Blade fits in a lot of different places.