Versatility is often in a trade-off relationship with safety and complexity. A stanley knife is versatile, but so difficult to use safely that they are banned by most safety-conscious organisations in favour of more specialised tools. Those tools, of course, form a more complex set than the old stanley knife, each with its own mode of use. They're more complex to use, they take up more space and it's harder to know, without training, which one is right for the job at hand.
Mokalus of Borg
PS - When making the trade-off, always ask yourself which is more valuable: versatility or safety.
PPS - Sometimes, the risk is worth it.