Actually the red stuff we use IS a thread lock compound. It's not really rubbery, reminds me a bit of finger nail polish, but smells tons worse. As it is required that any and all fasteners used on aircraft have some sort of positive locking, be it safety wire, cotter pins, self locking nuts, heli-coil inserts, or of course thread lock, we have to use one of those means for every fastener we install. I don't know the first thing about pipe threads, but I assure you what we are using is thread lock, we can actually order bolts from our suppliers with or without and the suppliers list it as such. It's funny there's probably salesmen out there somewhere that dream of loc-tite products, it's like when someone says,"I glued it with Hysol"....there's a billion or so different formulas of that too, but what most people remember is the words "Hysol" on the can(s)....I'm happy I'm not a Loc-tite salesman, I think I already know more about that stuff than I ever wanted to know. Oh yea, the blue Loc-tite (243/242) tastes real sweet, don't ask me how I know that:)