the mag is probably not the best application for this. my understanding of how this stuff works is that it is best used when there is no break in the seal as like phantom says, it's a hydrophobic coating so is designed to make water run off the object rather than create a watertight seal between moving parts. this means its great for applications like mobile phones because you can coat the electronics and as nothing moves they will be protected but something like the mag in Lorric's vid where the seal will be broken then there is no point because it isnt a seal, for that I bet a high temp resistant silica gel would work much better, though how you would waterproof the chamber and eject mechanism is beyond me.