Unless you need a "big f***ing knife" for very specific things, there's no need for anything other than a line cutter like a Trilobite. Especially when Johnny Scuba Advert is wearing it on his calf.....but hey, you might fight off a shark sometime.
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Unless you need a "big f***ing knife" for very specific things, there's no need for anything other than a line cutter like a Trilobite.
I love Trilobites and carry two of them while diving, but why don't you try cutting through the wire leader on a deep sea fishing hook with one (especially if you're hooked while doing so) before declaring all anyone needs is a line cutter. Shears are pretty indispensable for worst-case scenarios.
A big ass knife would work just as poorly as a trilobite in that situation. If I were diving somewhere that it was a possibility, I would carry tools to reflect that situation. That is a specific thing that requires a specific solution, and should be tailored to suit. In that case I wouldn't be carrying shears either, I would be carrying a small set of wire cutters, they work much better, and can be had cheap at any local hardware store.
Just like you use your giant knife for working on a bulkhead, if I were in a situation where entanglement by wire is a possibility, I would be using a better tool. But again, that is a very specific situation not likely encountered by most of the divers that dive knives are marketed towards. Most divers aren't John Chatterton and Richie Kohler.