I am the pastor of a Spanish-speaking church. Last summer we had a father-son campout and one of the older men in our church brought an old, beat-up machete. He has used one all his life, and as I watched him, I realized that this is one GREAT tool. He cleared grass, chopped up fallen wood into firewood, split logs, cleared paths into the woods, etc. I was amazed. He said that he has never found a good machete in the U.S., and prefers those that he finds in Mexico. [In our defense, he has no access the quality stuff that a lot of "connected" people would, such as the traditionalists that frequent this site.]
In the hands of someone who knows how to use it, a machete is clearly a great piece of equipment.