So, you haven't actually used it yourself & your experience of it is based on hearsay & deduction.
The bloke who told me the K Seal - bullet story works on the counter at Uniparts in Slough. Don't remember his name but I'm inclined to believe him, partly because he told this story in front of his colleagues & several customers, partly because he had nothing to gain by BS'ing me & partly because I could see from the radical burn scars & the rebuilt face he'd been somewhere pretty hairy & hot.
Anyhoo, I've used K Seal for a rad that was pissing out water. Initially, it was a hopeful get me home move, then a holding move while I sourced a good second hand rad & finally it became a permanent fix as I couldn't see the percentage in replacing a rad that was now working perfectly.
The spare rad is still in my shed, the fix is still fixed & it's had no impact on heating, circulation or anything else to do with cooling. While I'm sure this stuff has it limits & I wouldn't say use it if you CHG was gone but for a cooling system low pressure leak point (what it's designed to fix) I think K Seal is great & would actually recommend it as a preventative measure on any old car