Well, I'll put it this way. I used the cheap 5 minute stuff on a couple of vertical jigging rods of mine this past year. I'm fishing these rods with close to 30# of drag on the reels and have not had any issues at all. Have yanked up some 20# Grouper and many many 30#-50# AJ's with locked down drag.
The MOST important things to remember when gluing ree lseats and/or Gimbals:
1) CLEAN blank and CLEAN inside of reelseat. No residue at all and lightly scuff with scotchbrite.
2) Make sure you have a neat, even fit between reel seat and arbor. Not too tight, but not sloppy either. You don't want much glue in there at all, just a thin film between the arbor and reel seat.