I used to use it all the time on simple knotless knot rigs. Don't have a need now I use multi rigs for 90% of my fishing.
Have found it useful if I run out of anti-tangle sleeves or want to extend a loop to stop it tangling. I use it over any leader knots or when joining stiff materials and braid for the stiff multi rig just for added protection on the knot and for something for the putty to grip