It won't be as good a chopper as your Dog Father, but it's not bad -- compared to most "normal" knives, it's very good. You'll probably want to grind out the hook just a little to make it suitable for use as a bottle opener. The blade is 3 inches shorter than a DF, making it more portable. The Yard Hook wasn't my favorite design (as others have said, it's a multi-purpose compromise rather than a specialized blade, but it's good and I'd imagine the secondary market for Scrap Yard knives in Sweden is limited. The DFLE is a flagship product; I don't really think you'll like the Yard Hook better, but I do believe you'll like it.
You'd have probably gotten more input, except that the Blade knife show was this weekend, and a lot of the crew are on pilgrimage to Atlanta, GA.