I've used it and you need to consider a few things.
1) Liquid electrical tape gives minimal strain relief
2) It's very messy
3) It's thicker than you would think and does not flow into nooks and crannies the way one would assume it should.
4) Adhesive lined heat shrink, when done correctly, actually forces, from the shrinking/squeezing action, the adhesive into the nooks and crannies better than Liquid Electrical Tape from my experience.
5) Adhesive lined heat shrink will give you real strain relief and move the flex point out away from the crimp which should add far better longevity.
Battery World Portland or Ed's Batteries are the places to buy all your marine wire, connectors and adhesive lined heat shrink tubing & batteries in this area!
Even with my deep Hamilton Marine commercial discount and my West Marine / Port supply commercial discount Battery World still blows them away price wise for connectors, tinned wire, batteries and heat shrink!
I re-wired my battery bank last summer and replaced every cable right back to the engine and alternator. Total cost for all supplies including the wire, heat shrink & battery lugs was $104.00 at Battery world. The same gauge wire, lugs and heat shrink at WM, with my discount, was going to be over $225.00....
-Maine Sail / CS-36T
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Last edited by Maine Sail; 03-04-2010 at 07:06 PM.