One thing I can say is that this is more flexible than oil based finishes. Wood arrows will eventually crack a finish if it isn't flexible, and virtually all the oil based paints I've used will show some cracking over time. If it'll stand up to being repeatedly shot into targets at over 100 MPH I suspect it'll do well on the flexible skin of a boat. It is also extremely abrasion resistant...more so than any other oil urethane or waterborne polycrylic I've ever used. Try sanding this stuff....it'll wear out sandpaper like nobody's business, LOL. A major upside is that it is non flammable and NO fumes. It's safe to apply in your living room, if that is what you want to do.
I won't be able to get going on any build until mid- Sept., but when I get the cloth I'll do a test panel before I commit to putting it on a boat.