Tod, that article puts epoxy second to Titebond III in strength . . . well, by 1% anyway! Hahaha . . . I have no doubt that epoxy is more waterproof than TB III. But, if the whole finished structure is sealed in epoxy/fiberglass, TB III seems like a smart choice. It is 1/3 the cost of epoxy, requires no mixing (and therefore next to zero waste), and cleans up easily with water while it's still wet. Now, I'm a greenhorn. I don't know squat when it comes to building boats. If I'm being a moron, I'm completely open to being called out on it.
If I'm stupid for trying to use TB III on a boat, tell me. But to my way of thinking, it seems like a good choice . . . as long as the boat is finished in epoxy & fiberglass. What say you?
Ben, I'm going by what I've read, done, seen and the norms of the industry as I understand them. My concern specifically with TBIII relates to exactly what you expressed above:
"It's going to be banged and scratched and abused. "
Take a glass encapsulated boat with a few penetrations of the epoxy (intentional or not) and once water gets in the structure it will be in there forever working away at the water resistant glue. Epoxy and glass encapsulations get breached all the time, especially in boats that get used.
Moron or stupid - no. But I'd say your concerns are misplaced. Given the amount of time you will put into a boat (huge labor investment) and the conditions you will likely use it under, using the best materials for the job makes sense to me.