Bond need not always be all suave and tuxedoed either. Sometimes he can look haggard and beat up because....he's been beat up and on the run or whathaveyou.
Go watch Dr. No. Bond looks beat up just trying to escape from his cell. He also looks like a badass because he does it with wits, brawn, and determination. Not because he had a device that was introduced in some telegraphing scene at the start of the movie where Q said "Now look here, Bond. This device is a personal teleporter. Range, 3km. You simply press this button here, and you'll be teleported 3km in the direction of the nearest MI6 station house." Gee...I wonder where THAT will come in handy...
The keychain mentioned above was another good example. The one I'm remember from The Living Daylights (which is one of my favorite of the Bond films, but still has an overreliance on gadgetry) included a small explosive (which he uses to kill a badguy at the end), AND knock-out gas, either of which were triggered by him whistling either Rule Britannia, or a wolf-whistle.
Now, that film was still highly entertaining, but the gadgetry there is pure "get out of trouble free" plot-device material. By contrast, the attache case in From Russia with Love at least made sense to give to a field agent.
I'm not against ALL gadgetry, mind you. I just think that it needs to be kept to a minimum. Casino Royale did it the best, thus far. The Aston Martin with the defibrillator and remote patch-in to MI6 HQ was a bit far-fetched and "get out of trouble free", but the scene was handled well (because there was no guarantee he'd be able to pull it off), and it wasn't as if the car could also shoot lasers from the lugnuts on the wheels, levitate, and/or launch remotely guided missiles from the tailpipes.
That stuff's all cool and can be fun, but I'm just...done with it. I have 20-something bond films from the 1960s-1990s to watch if that's what I want. I'd rather see a resourceful, tough, intelligent Bond who thinks and fights his way out of trouble, rather than gadgets his way out. A little gadgetry is fine, but the gadgets too often become a crutch for storytelling.