This the stuff from Sherwin-Williams? Not the water based version...if yes, then NO, the stuff I have is solvent based...
If so, I actually I got a 2 gallon kit from my neighbor who happens to work at Rybovich Yachts and they use this stuff all the time in high dollar floaters...so if its good enough for them, then I suppose its good enough for me...
I did a small test patch in my bilge a few months ago and I am very impressed with how well it went on, how well just one heavy coat covered and the dried finish, while I can't say it is as thick as gel coat, it sure does feel like an armored coating...
The biggest things are to make sure you follow the directions and let it sit for about 30 minutes after mixing the two parts together, make sure it is fairly fresh and has never been opened because after its opened the 3 year shelf life no longer applies...and make sure the surface is either raw fiberglass that's been thoroughly wiped down with acetone or lacquer thinner, if not make sure you scuff the surface, then clean...
The guys who use it recommend two coats for a long lasting finish...if you can get the second coat on during the curing window, then you don't have to do anything other than maybe a solvent wipe to clean it up...if you wait longer than the cure window, you will have to scuff it up before applying the second coat...