All of the new stuff like this is too pricey to play around with and test, including everyone’s favorite, Sugru. And you can’t really know if it’s going to work for your project or not without trying it.
The first time I used Sugru, I tried one of the most basic suggested uses for it, reinforcing cable connectors. It worked on my MBP power cable (which I can see out of the corner of my eye as I type… I used the red Sugru), but not on the micro-usb cable I use to charge my phone - in fact the Sugru caused the cable to break!
This resin tape looks awesome, and I hope I have reason to use it sometime to give it a try. I think the fact that it’s enjoyable to try things like this before replacing something is part of the fun, even if you’re out even more money than if you’d just replaced the broken thing in the first place 
