Yes - I used it for the "cars" on my System2. (see User's Photogalery)
Starboard -- Cuts well - machines easy - you'll need to work stepover to get the finish right. Doesn't adsorb moisture - I've found it stable in "shop" conditions.
Can't say if its "just" repackaged to target boaties -- but the price you found is probably 1/2 to 1/3 what you'd pay a marine supplier! There is a special 3M (I recall) adhesive. It will Drill and Tap - but if using as a drive for threaded rod -- you'll have some backlash!
:cheers: Jim
Experience is the BEST Teacher. Is that why it usually arrives in a shower of sparks, flash of light, loud bang, a cloud of smoke, AND -- a BILL to pay? You usually get it -- just after you need it.