Yes, it's great stuff ... bonds to plastics wonderfully, and will "glue" wood, metal, even glass... it will cure in seconds only when exposed to the UV light, and will even cure underwater. It's waterproof, sandable and millable when cured, and has great strength for many applications.
The problem I'ld have with it is that though it goes on clear and then dries pretty much clear, it will slowly yellow over time. That and if you were thinking about using it as a casting medium .... you get like 2 oz for 20 bucks.
It's possible, I think, to use something like this as a top-coat or finish coat on your wood or acrylic products, but a lot of it would soak into your applicator pad, leaving a VERY thin coat on the item you were coating. I'm sure that if you got enough coats on there, it would protect the item fairly well, but we're now talking about using 1/4 of a Bondic refill to do a single pen .... that's 5 bucks, man!
Last, but not least, as I mentioned already, it will slowly yellow over time. This is actually an interesting effect for causing an ageing/distressed look to your piece. Say you're doing a piece in alternative horn, and you want it to look like it's aged a bit ... a few coats of bondic and then leave it in a windowsill for a few days and it'll start to yellow a bit .... as the customer uses it it keeps yellowing around the item. (The yellowing won't be a super-pronounced effect, but they should be able to see it in bright light.)