And what, pray tell, did you think I was talkin' about ... ???
Again, there might have been a change in the survival gear, but the shorud cutter for us is right in front of the survival radio on our gear in a very easy location to get to, with a quick release snap/flap. I've always heard it referenced as a "knife pocket" since there would be no reason to have two shroud cutters. Also, let me reiterate this is for the jet community, I could see it being stored there for helo/prop people since they may not wear full survival gear from start to shutdown.
If that's where it was put in the past, then I whole heartily apologize for my ignorance.