This is just like comparing a gerber/fiskars multi tool to a leatherman/victorinox. Or gerber knives to even a kershaw.
I'll put my Gerber 600 multi-tool up against a Leatherman any day of the week.
All big knife manufacturers have a less-expensive and less durable line of products.... even Kershaw.
I hand split all of our firewood, 2-3 cords per year.
I got tired of replacing axe handles and went with a modern-day splitting axe, similar to the Fiskars, and have no problems or complaints.
Old school tools are nice but there have been advancements made in design, materials and manufacturing processes.