Oh, I think not with so many alternatives that add structural integrity and will not be seen, eg. drill for say 1/4" dowels from under the wale to within an 1/8 of the top surface, and epoxy them in. OR take a dowel with the same diameter as a sanding bit/drum we have for a drill. chisel off some sections on the side of the dowel to match the length ( and not to the top surface so it will not show ) and DEPTH of an insert whose grain will go perpendicular to the grain/crack, epoxy it/them in and sand flush. Put in as many as you see fit along the testy grain area, say, maybe 3-4" apart. Open gunnel may allow you to see these. OR instead of a dowel use a flat insert in a hardwood with the grain similarly oriented to the crack . The trick is to get a nice slot cut and again not to the top surface of the rail.....choose your width if the cut can be made easily, you could fortify most of the width between the rib edges and not have to interfere with the nearby rib nails. If you do not like any of this, hey, replace the rail....but remember to have fun in any case.