I bought some Cascamite ( also marketed as Extramite) a few years back as another 'shot in the locker'. I used to use it in place of water when glueing gummed paper strip to my hulls to represent plating back in the 60/70s. The latest version didn't appear to mix very well and anyway I would use Deluxe EzeKote or Sand 'n Seal these days for that task.
I did recently see something in the full size boating press suggesting that the glues used back in the 60s are indeed starting to lose their strength, Cascamite and Aerolite were mentioned. Nothing lasts forever as those who used cyano extensively to glue their boats together are beginning to discover as it goes brittle and loses strength. Probably for greatest longevity you need to follow the traditional method of boiling down a horse to make your glue - a truly organic solution.
With regard to the OP's request, I have to agree with John E. It's a wooden kit so use a wood glue and Aliphatic is pick of the bunch for model making although there are other options. It also has the advantage of rubbing down easily when dry to give smooth joints. Epoxy will work well enough but when it dries, any surface residue will be harder than the surrounding wood and produce high spots when rubbed down.
I have also found Deluxe Materials Superphatic an excellenf glue for smaller areas. Like thin superglue it 'wicks' into joints and sticks really well. Ideal for rubbing strakes and spray rails etc. It will also stick wood to plasti too.
John's advice on sealing is also spot on.
Colin